Tax Basics Quiz

Tax Basics Quiz

9th - 12th Grade

25 Qs

quiz-placeholder

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Tax Basics Quiz

Tax Basics Quiz

Assessment

Quiz

Other

9th - 12th Grade

Easy

Created by

Becki Koepke

Used 3+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Louis's dad pays a tax to the federal government each year based off the money he earns from his lawn mowing business. What type of tax does Louis's dad pay each year?

Payroll Tax

Income Tax

Sales Tax

Property Tax

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The amount of money leftover of your income after you take care of expenses.

tax

income

net income

gross income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The total earnings a person receives before paying for taxes and other deductions.

net income

gross income

sales tax

salary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The money received for work

taxes

income

subtotal

withhold

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

These types of taxes take a percentage of your paycheck. The more you make , the more that is take out.

Sales Tax

Income Tax

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

These taxes come out of a person's paycheck and is meant to help people once they retire.

Sales Tax

Social Security Tax

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Income tax is-
Money your employer pays to you
Money you earn and put into the bank
Tax paid on the money you earn annually
Money you pay to your employee

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