Federal income tax review

7. What form is used by your employer to allow them to withhold taxes from your paycheck?

• I-9
• W-2
• W-4

Taxes are deducted from all employees paychecks

• true
• false

Tags

CCSS.6.RP.A.3B

Roads, police, schools, governmental agencies, fire and emergency services are all funded by taxes

• true
• false

The form that determines the amount of money withheld for taxes is called a: 

• W4
• I9
• W2
• 1040EZ

This form states the amount of money earned and taxes paid throughout the previous year. People use it to complete income tax forms for the IRS

• W2
• W4
• I9
• 1040EZ

Which programs use tax money?

• military
• education
• welfare
• all of the above

How often do you need to file your taxes?

• Once a month
• Once a year
• Every paycheck
• quarterly

The government agency in charge of collecting tax.

• FICA
• IRS
• NBA
• SEC

A form completed by the bank which reports the interest you earn.

• 1040
• 1099-INT
• W-4
• W-2

Which of the following is an example of a federal tax return?

• Form 1040EZ
• W-2
• W-4
• Form 10-K