Taxes Review

What do your taxes help support?

• Public safety (Firefighters, Police, Hospitals)

• Infrastructure (Roads, Libraries, Museums)

• Education (Schools)

• National Parks/Public Parks

What definition best fits for the word tax?

• Pointless fee everyone pays

• Fee the public pays to the government to help sustain public things

• Fees applied ONLY to food

• Fees that are the same for every person across the country

Gross wages are?

• The amount before deductions

• The amount after deductions

• The sum of all your taxes

• The amount you make over a year

Which of the following forms is meant to determine your allowances / withholdings / deductions and affects your FEDERAL and STATE income tax %? Hint: YOU fill it out

• W2 Form

• W4 Form

• 1040EZ

• I9 Form

Which of the following forms is a summary of what you made & what you paid? Hint: You DON'T fill it out, but it IS needed in order to file your taxes

• W2 Form

• W4 Form

• 1040EZ

• I9 Form

Where should employers send the tax money collected from employees?

• the government
• the FICA
• the ERS
• the IRS

What does 6.2% look like as a decimal?

• 6.2
• 0.062
• 0.62
• 0.0062

What is the first document an employer will have you complete?

• 1040
• 1040EZ
• W4
• W2

Which form is used to determine the amount of tax withheld from your check?

• w2
• 1099
• w4
• 1040

What is this form?

• w2
• w4
• 1040
• 1040ez