Taxes

3. FICA tax is broken down into what 2 categories?

• SS and Medicaid
• SS and Medicare
• Medicare and Payroll

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

• I-9
• W-2
• W-4

9. Are school taxes based on where you live or where you work?

• Live
• Work

10. Being married and knowing the number of dependents you have is used when figuring state taxes.

• True
• False

Most government money comes from this:

• Fines

• Taxes

• Donations

• Secret treasure vault

Which is not an example of a tax?

• Income

• Property

• Sales

• Liability

What is your adjusted GROSS income?

• wages, tips and salary
• wages, tips, salary, taxable interest income, and unemployment compensation
• wages, tips, salary, and taxable interest income

A refund is money you 

• owe the government
• overpaid in taxes
• underpaid in taxes

 A review, or _________________, strikes terror into the mind of a taxpayer.

• evasion
• representation
• audit

Who primarily uses our tax money?

• Your employer

• The state government

• The Federal government

• Local Businesses