Taxes Test

Front

Which form shows your total wages and withholdings for the previous year?

Back

W-2

Front

Which form do you need to file your taxes?

Back

1040

Front

The official date for when taxes are due

Back

April 15

Front

When you receive a new job, you are mandated to file a

Back

W-4

Front

When you are ready to file for taxes you must have form

Back

W-2

Front

When filing for taxes, you will either receive money or have to pay in. Receiving money means you get a...

Back

Tax return

Front

Beth found out that she owes money to the IRS after filing her tax return. What is the most reasonable explanation as to why she owes money in taxes?

Back

Not enough money was withheld from her paychecks.

Front

What does the term "withholding" mean in reference to your paycheck?

Back

The amount of money taken out of your paycheck in taxes.

Front

When do you start paying taxes?

Back

Once you get a job with taxes taken out of your paycheck

Front

What describes a "dependent" for tax purposes? Options: Someone under the age of 19 who you financially support who lives with you, Someone who is temporarily disabled, Someone who financially supports you, Someone who is a full-time student under the age of 30.

Back

Someone under the age of 19 who you financially support who lives with you