Planet Paycheck

Required charges of citizens by local, state, and federal governments are called:

• charges
• taxes
• fees
• paycheck deductions

Taxes are deducted from all employees paychecks

• true
• false

Roads, police, schools, governmental agencies, fire and emergency services are all funded by taxes

• true
• false

The form that determines the amount of money withheld for taxes is called a: 

• w4
• i9
• w2
• 1040ez

The form which is used to prove the identity of people and avoid hiring non United States citizens is called: 

• w2
• w4
• i9
• 1040ez

What kind of identification is required when starting a new job?

• passport
• driver's license
• birth certificate
• any of these

This form states the amount of money earned and taxes paid throughout the previous year. People use it to complete income tax forms for the IRS

• w2
• w4
• i9
• 1040ez

Which is the least secure payment method because the employee is responsible for handling it?

• payroll card
• paycheck
• direct deposit
• they are all risky

With this payment method, employers put the employee’s paycheck into the authorized employee’s bank account 

• paycheck
• payroll card
• direct deposit
•  all are the same

With this type of employee payment, a card electronically carries the balance of the employee’s net income and fees may be charged to use the card.

• paycheck
• payroll card
• direct deposit
• none of these