Taxes Review & Preview

Taxes Review & Preview

9th - 12th Grade

5 Qs

quiz-placeholder

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Taxes Review & Preview

Taxes Review & Preview

Assessment

Quiz

Financial Education

9th - 12th Grade

Hard

Created by

Sam Diemer

Used 1+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What percentage of 16 to 24 year olds were employed in 2024 according to the Bureau of Labor Statistics?

40.3%

54.5%

65.3%

80.3%

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the purpose of a 1099 form?

To report non-employee income

To report full-time employee income

To report business expenses

To report employee benefits

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the impact of electing the standard deduction when filing your taxes?

It increases your taxable income

It decreases your taxable income

It increases your business expenses

It decreases your business expenses

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What’s the recommended course of action for gig workers who are unsure about their tax obligations?

Don't file taxes

Guess on their tax forms

Consult with a tax professional

Ask your clients to give you a W2 for tax filing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False? The final day to file your 2024 federal income tax return is April 15, 2025.

True

False