Personal Taxes Quizizz

The federal government receives the largest part of its revenue from payroll taxes?

• True

• False

Some payroll taxes support social programs such as FICA?

• True

• False

Your paystub does not show your gross income?

• True

• False

Gross income is the amount you earn before taxes are withheld?

• True

• False

Net income is the income you make before taxes are withheld?

• True

• False

Which form is completed when you are hired that your employer needs to determine the proper amount to withhold from your paycheck?

• W-2

• Pay Stub

• W-4

• 1040

A tax return is a set of forms that taxpayers use to calculate their tax obligation.

• True

• False

You don't have to put your social security number on your tax return?

• True

• False

With self-employment tax, your employer still pays half of your federal taxes for you?

• True

• False

Electronic filing is the fastest way to file your tax return?

• True

• False