Basic Income Taxes | Baamboozle - Baamboozle | The Most Fun Classroom Games!

Basic Income Taxes

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If an individual has paid more than enough taxes through withholdings by his employer, he/she should receive a ___?

Refund

What is the name of the form individuals use to file their income taxes each year?

1040

True or False An inheritance is always taxable.

False (but interest earned or gain on the sale of property is taxable)

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