Taxes

Front

When we all pay taxes, who actually gets to use that money?

Back

Federal and state government

Front

What is NOT something our tax money is spent on? Options: Social Security, The Military, Private School Education, National Parks

Back

Private School Education

Front

Emma, Evelyn, and Benjamin are trying to help a piggy bank with glasses figure out the Federal government's spending categories! Can you help them spot which one is NOT a real category? Options: Mandatory spending, Discretionary spending, Interest on loans issued, Interest on national debt

Back

Interest on loans issued

Front

Which tax is applied to wages, salaries, dividends, and interest earned?

Back

Income Tax

Front

What does the W-4 form do?

Back

let your employer know how much to withhold from your paycheck

Front

Is Olivia still considered a dependent for tax purposes?

Back

No

Front

What item would you DEFINITELY see on a paystub?

Back

Gross Pay

Front

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

Back

You will NOT have income taxes withheld from your paycheck.

Front

If Jason filed his tax return and owes money, when should he pay this amount by to avoid a fee?

Back

April 15th

Front

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

Back

True