Income and Employment/Taxes Pre-test

All of the following are taxes taken out of YOUR paycheck EXCEPT

• Social Security

• Unemployment

• Federal Income Tax

• State Income Tax

What is the date you need to file your taxes by or file for an extension?

• January 1

• January 31

• April 15

• October 15

What is the name of the form you fill out when you first get a job to prove you are eligible to work in the US?

• 1040

• W-2

• W-4

• 1099

• I-9

What is the name of the form you fill out to see how much taxes you owe to the government and whether or not you owe more money or are due a refund because you overpaid?

• 1040

• W-2

• W-4

• 1099

• I-9

What is the name of the form you fill out when you first get hired by a company that they will use to determine how much in taxes they should withhold from your checks based on your marital status and allowances or dependents?

• 1040

• W-2

• W-4

• 1099

• I-9

You will receive this from your employer by Jan. 31, showing your income received and the amount of taxes withheld from your earnings throughout the year.

• 1040

• W-2

• W-4

• 1099

• I-9

If you are married and have 2 children, how many allowances should you report on your W-4?

• 1

• 2

• 3

• 4

• None of the above

The total amount of money taken out of your paycheck for things like taxes, healthcare and retirement?

• Income

• Gross Pay

• Net Pay

• Deductions

The total amount of money you earned during a payperiod?

• Income

• Gross Pay

• Net Pay

• Deductions

The total amount of money you will take home from your paycheck after deductions have been taken out?

• Income

• Gross Pay

• Net Pay

• Deductions