2023 Taxes and You UPDATED

Front

What is Income Tax?

Back

Tax on Earned and Unearned Income

Front

What is Payroll Tax?

Back

Tax on Earned Income

Front

Can you have more than one W-2 sent to you?

Back

Yes

Front

What document do you use to determine the amount of your actual TAX?

Back

Tax Table

Front

A _____ is someone who relies on another person to provide for them financially.

Back

dependent

Front

Which tax form is used to provide information about your previous year's pay and deductions?

Back

W2

Front

Who is responsible for providing the W2 form to the tax filer?

Back

The Employer

Front

Which tax form is used to tell your employer the amount of allowances you will be claiming? Options: W2, W4, 1040EZ, 1099-INT

Back

W4

Front

Which tax form provides information on how much you have earned in interest on your savings tools, such as savings accounts?

Back

1099-INT

Front

Who provides an employee with the 1099-INT?

Back

Your bank or financial institution