Your taxes paper must be sent to _____
Washington D.C.
Naples, Florida
A brother or sister is called a
spouse
sibling
Which form do you need to file your taxes?
W-2
W-4
The word “TAX” is an acronym for the original Latin phrase “Taeter Amor Xenium,” which roughly translates to “love donation for the king.”
true
false
How often should you file your taxes?
Every year that you make an income
Every week that you make an income
_______ income is the money you earned before taxes are subtracted.
Gross
Net
In New York, there is a “sliced bagel tax” that costs you an additional 10 cents if your bagel is sliced or schmeared with cream cheese.
False
True
Filing taxes is the law.
True
False
_______ mean that you completed the paperwork and sent it in to the government
Filing Taxes
Following the law
The United States has the second highest national income tax rate in the world
False
True
When is my employer required to give me my W-2?
After Jan. 31st
Before Jan. 31st
You may get a _____ if you have paid too much $ in taxes to the government.
Refund
Fine
When you get money back after filing your taxes, that is called…
Gross INcome
Refund
The form you employer gives you when you are hired that determines your taxes
W-4
W-2
________ and Net pay are the same thing.
Gross Pay
Take home Pay
Form you fill out and send to the government. It states your income and deductions
1040
1060
The percentage of your income taken by the government changes depending on your
income
taxes
If I get a refund, the IRS can put the money directly in my bank account
True
False
A dependent is someone who
a person who relies on another, especially a family member,
depends on you to drive them everywhere
Florida does not require its residents to file a state income tax
False
True
A spouse is a
sister or brother
husband or wife
You can file your taxes using an online system like......
TurboTax
Zoom
IRS stands for
Internet Revenue Service
Internal Revenue Service
You file taxes to show you paid the right amount in…
Sales Taxes
Income Taxes
Tax levels are called
tax brackets
tax lines
Where can you find forms to fill out your income taxes?
School Library
Post Office
Everyone Who has a job should file taxes
True
False
Taxes are
The way that government pays the people
The way that people pay for their government.
If you file your taxes after the deadline , you pay have to pay a
lawyer
penalty
Who can file your taxes?
You
Your teacher
If you don’t file your taxes, you may have to pay…
A fine
Your Boss
If you need more time to file your taxes, you can get an .....
extension
Doctor's note
Which form do you need to file your taxes?
4010
1040
_____________ is the federal agency that collects taxes
IRS
NCC
What Day is Tax Day?
April 15th
April 5th
Who can file your taxes?
Your Manager
Tax Professional
______ income is the money you earn after taxes are subtracted.
Net
Gross