Filing taxes

Filing taxes

12th Grade

•

26 Qs

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Filing taxes

Filing taxes

Assessment

Quiz

•

Mathematics

•

12th Grade

•

Medium

•
CCSS
RI.11-12.5, 6.RP.A.3B, RI.8.1

+13

Standards-aligned

Created by

Duane Thomas

Used 8+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

What is the difference between gross pay and net pay?

There is no difference

Net pay is before taxes and deductions are subtracted; Gross pay is your take-home pay

Gross pay is before taxes and deductions are subtracted;Net pay is your take-home pay

2.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

Which of the following are two mandatory categories of government spending that are paid for by FICA taxes?

Military and Education

Health and Veterans' Benefits

Housing and Transportation

Social Security and Medicare

3.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

When is the deadline to file your taxes each year? AKA: Tax day

March 15

April 15

May 15

June 15

4.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

Media Image

The W-4 form lets...

the government know how much you paid in taxes last year

your employer know how much to withhold from your paycheck

the 3 major credit bureaus know how many dependents you have

you know how much you paid in taxes last year

5.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

When you receive a new job, you are mandated to file a

Complaint

Divorce

W-4

W-2

6.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

You, if your parents claim you on their taxes.

Dependent

Claiming Zero

Deduction

Taxable Income

7.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

If you paid more than what the IRS thinks you owe in taxes, you have a

Refund

Tax bill

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