Ch. 10 Income and Taxes

Ch. 10 Income and Taxes

10th Grade

15 Qs

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Ch. 10 Income and Taxes

Ch. 10 Income and Taxes

Assessment

Quiz

Financial Education

10th Grade

Easy

Created by

Marvelene Garrett

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

tax paid out by anyone who earns an income

Income Tax

Property Tax

Tax Day

Wealth tax

2.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

the income ranges in which tax rates apply​​​​​​​

property tax

Gift tax

audit

Tax Bracket

3.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

the total tax a person or business has to pay

Tax Liability

Tax Rate

Tax Return

Gift tax

4.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

a report that a taxpayer has to submit annually to the government and is used to determine a person's tax liability

W-2 Form

Tax Return

audit

Tax Credit

5.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

United States government agency that is responsible for the collection and enforcement of taxes

IRS (Internal Revenue Service)

FDA

CIA

FBI

6.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

payroll taxes that are used to pay for Social Security and Medicare programs

Health Savings Account

FICA (Federal Insurance Contribution Act)

Federal Tax

401k

7.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

a tax that's imposed on a property owner's right to transfer the property to others after their death ​​​​​​​

Real Estate Tax

Property Tax

Estate Tax

Wealth Tax

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