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Official form used to declare your tax obligation to the IRS

• IRS Form 1040

• IRS Form 4010

• IRS Form 1020

• IRS Form 2040

By claiming "exempt" on the W-4 form...

• You are paying all income taxes upfront at the START of the year.

• You are requesting an extension to file your taxes

• You will NOT have income taxes withheld from your paycheck.

• You are paying all income taxes at the END of the calendar year.

Income received from an employer for time you worked.

• Gross Pay

• Salary

• Wages

• Net Pay

Our tax money is spent on all of the following EXCEPT:

• Social Security

• The Military

• Private School Education

• National Parks

A fixed amount received for fulfilling a job regard less of the time it took .

• Overtime Pay

• Wages

• Salary

• Rate