Tax Forms
What form tells your buisness what to withhold?
W-4
What is the tax year?
Jan 1 - Dec 31
What is the biggest deduction on your paycheck?
Federal Tax
What tax form does your business give you to report your earnings and what was witheld?
W-2
What day is tax day?
April 15th
What is the W-4?
The form you fill out to tell your business how much to withhold from your paycheck.
If Ollie was paid $1450 for his freelance job does he need to file a tax report?
When is quarter 3?
September 15th
What is a W-2?
A tax form that employers give employees with their annual earnings and what was withheld.
When does your employer have to give you your W-2?
January 31st
What is tax day WITH AN EXTENSION?
October 15th
What is Progressive tax?
its when you make more money you pay more in taxes. (tax brackets)
How much has lebron payed in taxes this year?
aprox. $1.7M