WorksheetsTaxin' with the Gammas
Total questions: 13
Worksheet time: 3mins
what is earned income?
income that's not subject to federal and state income tax
what you earn at a job plus any taxable scholarships
taxable interest, dividends, capital gain distributions, unemployment, etc
The amount of tax you are required to pay to the government.
how many federal tax brackets are there?
6
5
7
8
what do taxes pay for?
your vacation
social security
furniture
airpods
Florida has no state income tax at all.
True
false
you can file as single if you..
are claimed as a dependent on someone else's tax return
are married or are divorced
are filing jointly
are not married or are divorced
You could use the IRS Free File if your adjusted gross income is more than $73,000?
true
false
A W-2 form is...
the document an employee is required to send to each employee
Only if you receive a student loan interest rate of $600
A statement colleges and universities are required to issue to students
all of the above
I have to file taxes if I have a scholarship even if it covers my tuition and fees.
true
false
Form you use only when you recieve a studet loean interest of $600 or more from an individual during the year
1098-T
1098-C
1098-E
1098-B
Tax Day is when?
April 9, 1990
January 19, 2006
April 10, 2023
April 15th, 2023
You do not have to do your state taxes if you already did your federal taxes.
true
false
Deducation include all except for...
donations
buisness purchases
non-profit donations
buying groceries
Thida has been doing her own taxes since she was 16
true
false
