Income and Taxes

Income and Taxes

Assessment

Flashcard

Other

7th Grade

Hard

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6 questions

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1.

FLASHCARD QUESTION

Front

Ty recently started a new job and receives a monthly payment for his work. What is this money called?

Back

Income

2.

FLASHCARD QUESTION

Front

Angel, Dylan, Layla, Ty, and Jay are discussing the factors that can impact their future income. Which factors can impact the amount of income they earn? Job skills and experience, Education, Federal and state laws, All of the above

Back

All of the above

3.

FLASHCARD QUESTION

Front

Terry, Aiden, Angel, Marisol, and Miguel are discussing the payment method for their teachers and other professionals. What is the payment method they are referring to?

Back

Salary

4.

FLASHCARD QUESTION

Front

Terry received his first paycheck and noticed income tax deductions. What is the purpose of these income tax deductions?

Back

To pay for goods and services provided by the government

5.

FLASHCARD QUESTION

Front

Who is responsible for withholding taxes directly from Marisol's paycheck?

Back

Her employer

6.

FLASHCARD QUESTION

Front

When Aiden is considering a future job as a software engineer, what factors should he take into account?

Back

All of the above