OCS Financial Management M3

The government REQUIRES people to pay

• taxes

• tolls

Tags

CCSS.RI.11-12.4

CCSS.RI.9-10.4

CCSS.RL.11-12.4

CCSS.RL.8.4

CCSS.RL.9-10.4

You must file federal and state income taxes by

• April 15th

• December 31st

• December 25th

Agency responsible for collecting FEDERAL income taxes

• FBI (Federal Bureau of Investigation)

• MIB (Men in Black)

• IRS (Internal Revenue Service)

Money you get from a job, like at a mall, or a restaurant, is . . .

• earned income

• savings

• social security

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

Do community taxes fund fast food restaurant?

• Yes

• No

When you first get hired at a job, you have to fill out a

• W-4 form

• D-400 form

Tags

CCSS.RI.11-12.3

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Which form shows how much money you made and how much you paid in taxes for a year?

• W-2

• D-400

What do we call a person who relies on another person for financial support?

• dependent

• head of household

Tags

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RL.11-12.4

CCSS.RL.9-10.4

Filing taxes online is called

• e-File

• tik tok file

• challenge file

Using e-File can help increase

• accuracy in calculations (math)

• stress