Front

Who primarily uses our tax money?

Back

Federal and state government

Front

Our tax money is spent on all of the following EXCEPT: Social Security, The Military, National Parks

Back

Private School Education

Front

In a progressive tax system ...

Back

low income earners pay a lower percentage

Front

Which of the following taxes is applied to wages, salaries, dividends, and interest earned? Corporate Income Tax, Income Tax, Estate Tax, Excise Tax

Back

Income Tax

Front

The W-4 form lets...

Back

your employer know how much to withhold from your paycheck

Front

Jess is 21, in college, and paid $5,000 in taxes on her taxable income of $41,000. What is her effective tax rate?

Back

12.2%

Front

What item would you DEFINITELY see on a paystub? Options: Retirement, Healthcare, Gross Pay, Your occupation/role

Back

Gross Pay

Front

By claiming "exempt" on the W-4 form...

Back

You will NOT have income taxes withheld from your paycheck.

Front

When should Jason pay his owed tax amount to avoid a fee?

Back

April 15th

Front

True or False: All wages, tips, and bonuses are taxable unless specifically excluded.

Back

True