Taxes

Everyone who has a job or once you turn 18 should file a tax return every year.

• True

• False

What type of income are your taxes based on?

• Gross Pay

• Net Pay

• Taxable Income

When is the deadline for your income tax return?

• January 1st

• January 31st

• April 15th

• April 1st

The form you fill out when you get a job for taxes to be pulled from your paycheck is called...​

• W4

• I-9

What form do you get every year from your employers that help you file your income tax return?

• W4

• W2

• 1040

Which of the following taxes is applied to wages, salaries, dividends, and interest earned?

• Corporate Income Tax

• Income Tax

• Estate Tax

• Excise Tax

Our tax money is spent on all of the following EXCEPT:

• Social Security

• The Military

• Private School Education

• National Parks

Tags

CCSS.6.RP.A.3B

What item would you DEFINITELY see on a paystub?

• Retirement

• Healthcare

• Gross Pay

• Your occupation/role

Tags

CCSS.6.NS.B.3

True or False: All wages, tips, and bonuses are taxable unless specifically excluded.

• True

• False

Tags

CCSS.7.NS.A.1D

Jason is 15 and earned $1450 at his job last summer. Should he file a tax return?

• No, because he didn't earn enough.

• No, because you have to be 16 and older to file taxes.

• Yes, because he may get a refund.

• Yes. You must file taxes even if you didn't earn enough.

Tags

CCSS.6.RP.A.3B