Understanding Employment Tax Review 1

What form is used for verifying the identity and employment authorization of individuals hired for employment in the United States.

• W-2

• w-4

• I-9

• Resume

Means free from withholding of federal income tax.

• user tax

• taxation

• qualified

• exempt

What are Taxes?

• A Sum of money that the Federal government pays its citizens for good behavior.
• A Sum of Money that the State Mandates its Businesses pay in order to support the cleaning of their parking lot. 
• A Sum of Money that the Federal Government charges its citizens to clean up their messes. 
• A sum of money that the State or Federal Government mandates its citizens pay in order to support the government itself and all of its services. 

_______ pay is the total amount earned for a pay period.

• Net
• Gross
• Total
• Sales 

A payroll tax used to fund Social Security and Medicare.

• FICO

• FICE

• FACE

• FICA

What is Property Tax

• Tax on Land, Vehicles and Property
• Tax on Government Buildings
• Tax on Businesses
• Tax on Educators

What is Medicare

• A retirement supplement program

• A VA benefits program

• A program for Low-Income Families

• A program that provides medical benefits for senior citizens.

A federal program that provides benefits for retirees, the disabled, and the minor children of deceased workers.

• medicare

• social security

• state income tax

• federal income tax

The easy way to file for taxes is using form

• 1800

• 1745

• 1999EZ

• 1040EZ

Who primarily uses our tax money? ( Select two answers)

• Your employer

• The state government

• The Federal government

• Local Businesses