Retirement Plans
Taxes A
WA State LTC Tax
Taxes B
100

What type of dogs does Molly have?

What is English Bulldogs. 
100

What is Nicole's dogs name?

What is Jax!

100

True or False: Individuals who own certain policies are potentially able to opt out of the state program by applying for an exemption? 

What is true, but the policy must be in effect by November 1st 2021. 

100

Your tax is always deemed due on what date with or without extension?

What is 4/15

200

Name a type of retirement account

What is, Simple IRA, SEP IRA, 401k, Traditional/ Roth, etc.

200

What is the form used most often to file taxes?

What is the 1040

200

When does the new WA State LTC tax go in effect?

What is January 1st 2022

200

One of the two main deductions that are taken on every individual tax return: What are those two deductions? 

What is standard deduction, itemized deductions 

300

How often over the last 35 years has the U.S. stock market had a positive return?

A. 30 years

B. 20 years

C. 15 years

300

True or false: Will the IRS email you if they have a questions?

What is false!

300

What is the one time lifetime benefit you receive by paying into this State Tax? 

What is $36,500, adjusted for inflation. 

300

How long does the IRS have to audit your tax return, generally speaking:

What is 3 years 
400

Which account has the highest contribution limits for Retirement Savings?

What is 401k, 403b, 457

400

You can claim another person as a dependent until they are what age?

What is 19 or 24, if they are a full time student

400

How much is the tax? 

What is, 58 cents for every $100 of income. 

400

With a valid extension your business tax returns are due on what date?

What is 9/15

500

What is the excess contribution penalty if you over-contribute to IRA?

What is 6% each year it remains in the IRA

500

What percentage is entertainment deductible in the 2021 year?

What is zero percent.

500

To qualify once vested, residents must require assistance with how many of the Activities of Daily Living (ADL's)

What is 3


500

What percentage are business meals deductible in the year 2021? 

What is 100%
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