What is the due date for filing federal income taxes in the U.S.?

Chapter 3 Test

Quiz
•
Business
•
12th Grade
•
Easy
Abraham Berch
Used 22+ times
FREE Resource
52 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
March 15
April 15
May 15
June 15
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of tax is taken out of your paycheck to fund Social Security and Medicare?
Sales tax
Capital gains tax
Payroll tax
Property tax
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which form is issued by employers to show how much an employee earned and how much tax was withheld?
1040
W2
W4
4868
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a tax refund?
A) A bill for extra taxes
B) Money returned to you when you've overpaid taxes
C) Penalty for not filing on time
D) None of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of tax withholding?
To save money for retirement
To prepay your taxes throughout the year
To avoid filing a tax return
To reduce your income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following reduces your taxable income?
Tax credits
Audits
Deductions
Penalties
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the easiest way to file taxes for most people?
Using tax software or E-Filing
Filing on paper
Using a tax professional
Not filing at all
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