Taxes Quizizz pre-test

Mandatory payments collected from individuals and corporations by a government entity to fund government activity.

• Taxes

• Liability

• Capital Gains

a range of incomes taxed at a given rate. The higher the income, the more you pay if you fall into the next higher category

• Adjusted Income

• Tax Brackets and Rates

• Gross Income

• Tax Avoidance

Another name for Social Security listed on your paycheck as a deduction.

• SEC

• SNAP

• FICA

• FEC

he deliberate failure to pay one’s full tax liabilities-is punishable by law.

• Tax Avoidance

• Tax Evasion

A percentage of generated income that is relinquished to the state or federal government.

• Sales Tax

• Income Tax

A percentage of corporate profits taken as tax by the government to fund federal programs

• Income Tax

• Corporate Tax

• Sales Tax

• Estate Tax

Taxes levied on certain goods and services; varies by jurisdiction

• Income Tax

• Sales Tax

• Estate Tax

• Corporate Tax

Most governments use an agency or department to collect taxes. In the United States, this function is performed federally by?

• CIA

• FBI

• IRS

• SEC

married filing jointly, married filing separately, single, or head of household. How a person files can make a significant difference in how much they are taxed

• Filing Situation

• Filing Personnel

• Filing Status

a federal program in the U.S. that provides retirement benefits and disability income to qualified people and their spouses, children, and survivors,Workers must be at least 62 years old and have paid into the system for 10 years or more to qualify

• Social Security

• Head Start

• SNAP