FINE PRINT: W-2 Form

FINE PRINT: W-2 Form

11 Qs

quiz-placeholder

Similar activities

Financial Literacy

Financial Literacy

KG - University

12 Qs

EIDGLITZ TRIVIA DAY 2!!

EIDGLITZ TRIVIA DAY 2!!

KG - University

10 Qs

Ohio Government Review

Ohio Government Review

KG - University

15 Qs

Taxes - Unit Test

Taxes - Unit Test

12th Grade

15 Qs

FINE PRINT: W-2 Form

FINE PRINT: W-2 Form

KG - University

14 Qs

FINE PRINT: Pay Stub

FINE PRINT: Pay Stub

KG - University

10 Qs

Chapter 13 Test Accounting

Chapter 13 Test Accounting

KG - University

16 Qs

FINE PRINT: W-2 Form

FINE PRINT: W-2 Form

Assessment

Quiz

others

Medium

Created by

Erin Bortz

Used 10+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
1. This form will be sent to Lily by the end of January. She will use this W-2 form to...
Obtain employment
Receive her paycheck
File her income taxes
Begin her retirement savings

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
2. As Lily is completing her 1040 form, what piece of information will she find on a different document rather than on this W-2?
Gross Wages earned
Federal income taxes she’s already paid
State income taxes she’s already paid
Income earned from her investments

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
3. All of the following employee information is included on a W-2 form EXCEPT...
Employer name and EIN (Employer Identification Number)
Employee’s Social Security number
Employee's date of birth
Employee's current address

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
4. Based on this W-2, which of the following statements is TRUE?
Lily is contributing to a 401(k) retirement through her employer
Lily works in the state of Indiana, which does not have an income tax
Lily’s taxable wages are much larger at the federal level than at the state or local level
Lily earned more than $12,950 (which is the standard deduction amount)

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
5. What were Lily’s gross wages for this period?
$1,722.44
$2,480.17
$14,450
$16,172.44

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
6. Based on the W-2 form provided, what was the largest withholding?
Medicare tax
Federal income tax
State income tax
Social security tax

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
7. As Lily files her taxes, she learns that her federal total tax due ends up being $190. According to her Federal income tax withheld, how much of a tax refund can she expect back?
$190.00
$890.50
$1,080.50
$13,369.50

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?