Cuestionario sobre Declaraciones de Impuestos

What is a tax return?

• A document submitted to a tax authority that reports income, expenses, and other relevant information.

• A document detailing purchases made during the year.

• A report on a person's leisure activities.

• A form to apply for a bank loan.

What is a tax refund?

• An additional payment to the government.

• A refund for overpaid taxes.

• An additional tax that must be paid.

• A payment for government services.

What can the IRS do if someone does not file their return?

• Ignore the situation.

• Send a friendly reminder.

• Impose tax liens on the property.

• Offer a tax discount.

Which of the following is a website for filing taxes?

• Amazon

• Turbotax

• Facebook

• Instagram

Which of these websites is NOT for filing taxes?

• FreetaxUsa

• Taxact

• Taxslayer

• Netflix

Which website is used to file taxes and has "Cash" in its name?

• Cash app taxes

• Cashflow

• Cashmoney

• Cashbank

What should be calculated to estimate the tax?

• Adjusted gross income, taxable income, taxes, deductions, and credits.

• Only the adjusted gross income.

• Only the taxes and deductions.

• Only the credits from the previous year.

What can be useful when calculating the estimated tax for the current year?

• Use the income, deductions, and credits from the previous year.

• Use only the income from the current year.

• Use only the deductions from the current year.

• Use only the credits from the current year.

How do you add 7% to an amount on a calculator?

• Multiplying the amount by 1.07

• Dividing the amount by 0.07

• Subtracting 7 from the amount

• Multiplying the amount by 0.93

If an item costs $20 and the sales tax is 7%, how much would you pay in total?

• $21.40

• $20.70

• $22.00

• $19.30