wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Taxes

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

Who primarily uses our tax money? (hint: choose 2 correct answers)

a)

Your employer

b)

The state government

c)

The Federal government

d)

Local Businesses

2.

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

a)

Social Security

b)

The Military

c)

Private School Education

d)

National Parks

3.

What item would you DEFINITELY see on a paystub?

a)

Retirement

b)

Healthcare

c)

Gross Pay

d)

Your occupation/role

4.

Jason filed his tax return and owes money. If he doesn't want to pay a fee, when should he pay this amount by?

a)

April 15th

b)

October 15th

c)

December 31st

d)

January 1st of the next year

5.

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

a)

True

b)

False

6.

Luisa earned $1,200 at her part-time job, and $500 from babysitting in cash. Which is TRUE?

a)

She will report her total income as $1,700.

b)

She will report her total income as $1,200.

c)

She will report her total income as $500.

d)

Luisa is required to file a tax return.

7.

Fort Bend county charges tax each year on the house that Jennifer owns. Which type of tax does she pay?

a)

Property Tax

b)

Sales Tax

c)

Income Tax

d)

Payroll Tax

8.

Louis's dad pays a tax to the federal government each year based off the money he earns from his lawn mowing business. What type of tax does Louis's dad pay each year?

a)

Payroll Tax

b)

Income Tax

c)

Sales Tax

d)

Property Tax

9.

Curtis purchased a new pair of jeans for $18. When Curtis pays for his jeans his total is almost $20 because of taxes. Which type of tax does Curtis pay?

a)

Payroll Tax

b)

Income Tax

c)

Sales Tax

d)

Property Tax

10.

Money that is taken out of a paycheck that goes to city/state/country and for programs that help people when they retire

a)

Property tax

b)

Income/payroll taxes

c)

sales tax

11.

Property Tax is-

a)

Tax on things you buy or purchase

b)

tax on the house or land you own

c)

tax taken out of your paycheck

d)

tax that you pay based on your income

12.

Which is the BIGGEST tax that is taken out of your paycheck?

a)

State Income Tax

b)

Federal Income Tax

c)

Social Security Tax

d)

Health Insurance

13.

Taxes are collected by

a)

Businesses

b)

Parents

c)

Foreign countries

d)

Government

14.

IRS stands for

a)

Internal Revenge Service

b)

International Revenue System

c)

Internal Revenue Service

d)

Inspection Ravioli Sauce

15.

A sales tax is off of any purchased good. Who regulates those taxes?

a)

State

b)

Federal

c)

Other countries

d)

Your employer