Property tax is an example of what type of tax?

Sales tax is an example of what type of tax?

Which will decrease the amount you owe in taxes by more?

Willful failure to pay taxes is called

People can go to prison for breaking tax laws.

Who might be claimed as dependent on your taxes?

Which type of income is taxable?

Which type of income is not taxable?

If income, deductions, and all other relevant information is exactly the same other than filing status, who will pay the most in taxes?

Who can file their taxes electronically?

A graduated tax system means that tax rates increase as

In the United States, all citizens are expected to prepare and file tax returns on their own without being forced by the government. This principal is known as

Once you retire, you will never have to pay taxes or file a tax return again.

If you pay an accountant to prepare your taxes, you can still get audited.

An IRS agent visits you at your home or business in which type of audit?

The idea that individuals with higher incomes should pay higher taxes is known as

An amount subtracted directly from the tax owed

Taxes are due each year by

An examination of a tax return

This type of tax takes a larger share of income as the amount of income grows.

This type of tax takes a smaller share of income as the amount of income grows.

Your tax-filing group based on your marital status and dependents

Income ranges that determine what percentage of income we pay for taxes

A stated amount that you can subtract from your adjusted gross income if you do not itemize your deductions

An amount that you may subtract from your income for each person who depends on your income to live

Someone who lives with you and for whom you pay more than half of their living expenses

Who passes new tax laws?

This form is prepared by your employer and shows you how much you earned and how much you paid in taxes last year.

You will out this form once a year to indicate how much you earned last year, how much you paid in taxes, and whether you owe more money or overpaid and should get a refund.

What is the largest source of government revenue?

If you write "exempt" on your W-4 form, it guarantees that you will not have to pay any taxes to the Federal government.

If you write "exempt" on your W-4 form, your employer will not withhold any Federal taxes from your paychecks.

IRS stands for Internal Revenue Service.

You can add the standard deduction to your itemized deduction and claim the total.

Single people generally pay more Federal income taxes than married people.

You pay taxes on which amount?

You will this form out when you start a new job and your employer uses it to determine how much tax to withhold from your paycheck.

Many working teenagers are not required to file a tax return.

Many working teenagers will get a tax refund if they file a tax return.