Taxes

What does "IRS" stand for?

• Internal Revenue Service

• Internal Response Support

• Internal Revenue System

By law, most people who earn money must prepare an income tax form by

• July 30th

• April 8th

• April 15th

• January 10th

Which is NOT a filing status?

• single

• married filing jointly

• married filing separately

• engaged

A person that taxpayer supports financially

• Exemption

• Dependent

• Itemizing

• Head of Household

If the tax liability is greater than the amount withheld, the tax payer owes the IRS an amount called the ____________

If the tax liability is less than the amount withheld, the IRS will return the extra amount as a _________

Which of these forms should you use to file your tax return?

• W–2 form

• 1040EZ form

• 1041ES form

Marie is single. Her adjusted gross income is 69,730. Use the chart to find her tax.

John and Kate are married filing jointly. Their taxable income is $69,456. They have already paid $10,000. Will they be refunded or have a balance to pay?

Using the information from the question above, find the amount due or refunded to John and Kate.