Components of the Federal Income Tax

Quiz
•
Mathematics
•
11th Grade
•
Medium

Volodymyr Ishchenko
Used 13+ times
FREE Resource
24 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
WHERE DOES FOLLOWING TRANSACTION BELONG ON THE FEDERAL INCOME TAX:
W-2 Income of an individual
Deductions
Adjustments
Nowhere
Gross Income
Prepaid Taxes
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
WHERE DOES FOLLOWING TRANSACTION BELONG ON THE FEDERAL INCOME TAX:
Half of the self-employment taxes
Deductions
Adjustments
Nowhere
Gross Income
Prepaid Taxes
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
WHERE DOES FOLLOWING TRANSACTION BELONG ON THE FEDERAL INCOME TAX:
Tips
Deductions
Adjustments
Nowhere
Gross Income
Prepaid Taxes
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
WHERE DOES FOLLOWING TRANSACTION BELONG ON THE FEDERAL INCOME TAX:
Educator expenses (up to $300)
Deductions
Adjustments
Nowhere
Gross Income
Prepaid Taxes
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
WHERE DOES FOLLOWING TRANSACTION BELONG ON THE FEDERAL INCOME TAX:
Interest on a regular savings account
Deductions
Adjustments
Nowhere
Gross Income
Prepaid Taxes
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
WHERE DOES FOLLOWING TRANSACTION BELONG ON THE FEDERAL INCOME TAX:
Property taxes
Deductions
Adjustments
Nowhere
Gross Income
Prepaid Taxes
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
WHERE DOES FOLLOWING TRANSACTION BELONG ON THE FEDERAL INCOME TAX:
Self-employed health insurance premiums
Deductions
Adjustments
Nowhere
Gross Income
Prepaid Taxes
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