Personal Finance 4

Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium
Dawn Wisniewski
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which ar the two types of Tax deductions?
Standard Deduction and Itemized Deduction
Standard Deduction and Basic Deduction
Taylor Deduction and Westland Deduction
Conditional Deduction and Standard Deduction
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
After deducting exemptions, the remaining amount is know as?
Salary
Gross Income
Net Income
Taxable Income
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What form reports your salary, wages, and taxes withheld for a given year?
W-9
1040
W-2
1099
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the deadline to file your federal taxes?
April 1st
April 15th
January 21st
January 1st
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which answer is the only one of the five filing status categories?
Head of Household
Beneficiary
Fiduciary
Head of State
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial deposit institution that is user-owned, nonprofit, and provide comprehensive financial services with lower fees and lower loan rates is known as a ?
Savings and Loan Association
Credit Union
Mortgage Company
Life Insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following Problematic Financial Business offers loans on possessions, has higher fees- usually 3% per month is common, and is used for quick cash?
Auto Title Loan
Pay Day Loan
Pawnshops
Check-Cashing Outlets
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