Vocab
How much money you have in your account.
What is your Balance?
How often you file your taxes.
When is Every Year?
April 15th
When is tax filing day?
The word used to describe when a check has been withdrawn from the payer's account and deposited into the payee's account.
What is "cleared"?
The King of Pop
Who is Michael Jackson?
Putting money into your account.
What is Deposit?
The form telling you how much you earned over the previous year.
What is a W2 form?
The date by which all tax forms must be given to all employees.
What is January 31st?
A document the bank issues each month with a breakdown off all recent account activity.
What is a bank statement?
The Ninja Turtle's favorite food.
What is Pizza?
Taking money out of your account.
What is a Withdrawal?
The form you fill out at a new job to choose how much is taken out for taxes.
What is a W4 form?
The total percentage of payroll taxes.
What is 7.65%?
A check issued by a bank, drawn on its own funds rather than on one of its depositors.
What is a cashier's check?
The largest bird in the world.
What is the Ostrich?
What your savings account earns.
What is Interest?
Being claimed on someone else's taxes.
What is Dependent?
The tax that provides medical benefits for senior and disabled citizens.
What is Medicare tax?
Also known as the Endorsement on a check.
What is a Signature?
The height of a basketball hoop.
What is 10 feet?
The bank's bank
Who is the Federal Reserve Bank?
The amount of allowances claimed on a W4 that takes out the most federal tax up front.
What is zero?
The tax that provides social services, funds the military and provides for the needs of the country.
What is federal income tax?
The bank's ID number on your checks.
What is a Routing Number?
This continent has the fewest flowering plants.
What is Antarctica?