Tax Day

Taxes paid because you earned money and have an income are called ...

• Sales Tax

• Property Tax

• Income Tax

• Capital Gains Tax

The government agency that is in charge of the Federal income taxes is called ...

• FBI

• IRS

• CIA

• NSA

The money you receive back from the government when you have paid too much tax money during the past year is called a ...

• Check

• Deposit

• Refund

• Tax

You must complete and send income tax forms to the ...

• Local and international government

• State and federal government

• City and state government

• Local, State & Federal

A statement (form) your employer gives you that shows your wages and the tax amount you paid the previous year is called a

• W-2 form

• paycheck

• grades

• W-9

When is tax day?

• January 1st

• April 15th

• August 15th

• November 1st

If sales tax is 10 percent, and a new pair of sneakers costs $70, how much do you actually have to pay?

• $70

• $75

• $77

• $80

To get the childcare credit, your child must attend daycare/babysitting AND be under the age of...

• 5

• 10

• 13

• 16

The tax system that assigns higher tax rates to people with higher incomes. Preferred by the poor.

• Regessive

• Progressive

• Flat

• Rigged

The form your bank sends you once a year telling you how much interest you earned on your account(s).

• W-4

• W-2

• 1040

• 1099