Types of Taxes and Federal Income Tax

Which type of tax is described below?

Cassidi is going on a golfing trip. Before the trip, she buys new golf clubs that have a price of $225.00. She pays a total of $245.25 for the golf clubs.

• payroll tax

• property tax

• sales tax

Which type of tax is described below?

This year, Mrs. Harle made a profit of $49,500 publishing the newspaper in her hometown. She paid $6,700 in tax on her profit.

• property tax

• income tax

• sales tax

Austin's total payroll taxes are $941 per month. His pay after taxes is $2,528 per month. What are Austin's monthly earnings, in dollars?

(a)  

(a)  

(a)  

(a)  

When do we need to pay our taxes each year by?

• May 15th

• March 15th

• April 15th

• Taxation= Theft

• Never?

Which of the following are types of property tax?

• Real Property

• Land Property

• Personal Property

• State Property

What are inheritance taxes?

• a tax or duty to be paid on a particular class of imports or exports.

• are taxes collected on most any product sold in a particular state

• A tax imposed on someone who inherits property or money.

• The amount of income left after all subtractions are made from total income

What are inheritance taxes?

• a tax or duty to be paid on a particular class of imports or exports.

• are taxes collected on most any product sold in a particular state

• A tax imposed on someone who inherits property or money.

• The amount of income left after all subtractions are made from total income