When do you start paying taxes?
Taxes - NGPF Review

Flashcard
•
Social Studies
•
12th Grade
•
Hard
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101 questions
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1.
FLASHCARD QUESTION
Front
Back
When you make more than the minimum income requirement
2.
FLASHCARD QUESTION
Front
Jessie did not meet the minimum income requirement to file a tax return. What is one reason for why she should file a tax return anyway?
Back
She could potentially get a refund for the taxes that were withheld from her paycheck.
3.
FLASHCARD QUESTION
Front
Which of the following does the Federal government spend a LARGE portion of taxpayer money on? Education, Military, Transportation, Science
Back
Military
4.
FLASHCARD QUESTION
Front
What is the key difference between Net Pay and Gross Pay?
Back
Net pay is the total amount of money you get AFTER taxes are deducted.
5.
FLASHCARD QUESTION
Front
Our tax money is spent on all of the following EXCEPT: Social Security, The Military, National Parks
Back
Private School Education
6.
FLASHCARD QUESTION
Front
Jess is 21, in college, & has a job that provides 65% of her support. Is she a dependent?
Back
No
7.
FLASHCARD QUESTION
Front
If Jason filed his tax return and owes money, when should he pay this amount by to avoid a fee?
Back
April 15th
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