WorksheetsTransition Skills (Taxes 101)
Total questions: 10
Worksheet time: 5mins
What are some required items you will need to have in your possession to begin the tax process?
Social Media account, Passport, and Wd40
Routing & account numbers from bank, W4, & Parents permission slip
W2, Routing & account numbers from bank, SSN or Tax ID #
What day is considered the deadline to file taxes?
July 4th
April 15th
October 3rd
December 31st
What is money withheld or taken out of your paycheck?
Dependents
Distractions
Discount
Deductions
Who will know exactly how much you owe in taxes each year?
FBI
HR Department
IRS
CSI
What is a tax refund?
Money the Government sends to individuals for good deeds
Money the Government sends you for overpaying in taxes
Money corporations send out to shareholders
What is a name for a licensed tax professional?
Certified Public Accountant
Tax Statistician
Tax Teller
Financial Superintendent
What is one way that you CANNOT file taxes?
Hire a licensed tax professional
File electronically using commercial software like Turbo tax
Fill out 1040 form and mail it
Send Email to IRS
True or False: All wages, tips, and bonuses are taxable unless specifically excluded.
True
False
Who primarily uses our tax money? (hint: choose 2 correct answers)
Your employer
The state government
The Federal government
Local Businesses
Mikul is 21, in college, & has a job that provides 65% of his support. Is he a dependent?
Yes
No
