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WorksheetsTaxes
Total questions: 11
Worksheet time: 11mins
Earning income can consist of salaries, wages, tips, and more.
True
False
Taxes help pay for government services like roads, education, the military
True
False
Tax money that is collected, is a major source of:
money to spend on video games
lunch money
state or government revenue
__________ go towards things like education, building and repairing roads and bridges, and providing health coverage to low-income families?
Benefits
Taxes
Deposit
Each year by __________, tax paperwork and possible payments must be sent in or “filed”.
April 5
May 15
April 15
Your employer will send you a _______ form up to a few months before, which has a report of how much you earned that year.
Timesheet
W2
1040
If you own your own business or are an independent contractor, you will use get a _______ form.
timesheet
W2
1099
When you file your taxes, you will use a ________ form.
Timesheet
W2
1040
You cannot hire an expert to file your taxes, you MUST file your taxes by yourself using a tax preparation website.
True
False
Depending on how much money your employer took out of your paychecks, you might owe more money to the government when you file your taxes. (Tax Payment)
True
False
If too many taxes were deducted from your gross pay, the government will send you money back after you file your taxes... This is called a _________.
Pay Period
Timesheet
Tax Return or Tax Refund
