WorksheetsTax and Employment Forms Quiz
Total questions: 3
Worksheet time: 2mins
You recently accepted a new job and your first day is next week. What form will you have to complete before you receive your first paycheck?
W-2
1040
1099
W-4
You were unable to file your taxes before the April deadline and your application for an extension was approved. What month was your deadline extended to?
May
October
December
January
Which of the following statements most accurately describes why it’s important to correctly fill out a W-4 form?
It determines how much money is withheld from your paycheck and can result in under or overpayment of taxes if filled out incorrectly
It is a legally binding contract between you and your employer that determines how much they pay you
If you pay the exact right amount in taxes, you receive a tax credit in the following year
If you underpay your taxes, you’ll be responsible for additional penalties beyond your normal tax obligation
