Taxes Quiz

According to the W-2 how much does this person pay in Federal Income Tax?

• $4000

• $3720

• $870

• $60000

According to the W-2 how much does this person pay in Medicare Tax?

• $4000

• $3720

• $870

• $60000

True or False

Deductions are a form non taxable income that a tax payer is awarded every year. Some examples of deductions include dependents, such as children, grandparents, or other relatives that you are responsible for.

• True

• False

True or False

The United States Tax code has not changed since August 2nd 1776.

• True

• False

According to the W-2 how much does this person pay in Social Security?

• $4000

• $3720

• $870

• $60000