Review of Tax Forms, Soft Skills and Banking Terms

Which tax form is used  to provide information about your previous year's pay and deductions from that year?

• W2
• W4
• 1040A
• 1099-INT

Who is responsible for providing the W2 form?

• You
• Your Employer
• Your bank
• The IRS

Which tax form is used to tell your employer the amount of allowances you will be claiming?

• W2
• W4
• 1040EZ
• 1099-INT

When is a W4 form filled out?

• Right before you file your taxes
• When you quit a job
• When you start a job

Which tax form must you use if you make more than $100,000 per year?

• 1040EZ
• 1040A
• 1040

When is tax day?

• January 1st
• April 1st
• April 15th
• December 31st

What is this form?

• w2
• w4
• 1040
• 1040ez

Taxes are deducted from all employees paychecks

• true
• false

Which programs use tax money?

• military
• education
• welfare
• all of the above

FICA is used to fund two different types of taxes. Those are:

• Military & Banks

• Income Tax & Medicare

• Social Security & Welfare

• Social Security & Medicare