Insurance
The purpose of Insurance
What is protection from financial ruin in the event of an emergency expense?
Jimbob doesn't have insurance, so you'll need to rely on this.
What is uninsured/underinsured coverage?
The type of insurance that covers veterinarian costs.
What is pet insurance?
Two important months in the tax world. The first is when you get your tax info for the previous year, and the second is when your taxes are due.
What is January and April?
The Big Kahuna
What is the 1040?
This type of insurance protects your belongings in the event of a emergency.
What is renters insurance?
48 out of 50 states require you to have this minimum level of protection.
What is liability insurance?
The three methods of filing your taxes.
What is by hand, online, and via tax preparer?
The three levels of government for which you are taxed (at least in Pennsylvania).
What is Federal, State, and Local?
If you do contract work, you'll receive this form in January, likely because taxes weren't withheld from your income.
What is the 1099?
The term for when you have contributed the limit of your fair share of an event.
What is out of pocket maximum?
Though not health insurance, this will pay for your medical bills and your medical bills alone.
What is personal injury protection?
The four tiers of a healthcare plan, named after metals
What are bronze, silver, gold, and platinum?
Your parents can claim you as this, if you are under 17 and are being financially provided for.
What is a dependent?
The primary purpose of the I-9 form.
What is to prove eligibility to work in the United States?
When one goes up, the other goes down for these two expenses of having insurance.
What is premium and deductible?
This type of insurance will protect you if you hit a deer.
What is comprehensive coverage?
If you live in Louisiana or Florida, you may have this specific type of insurance since you live on the coast.
What is flood insurance?
Another d word. Not a discount, but rather this word for when you can pay less in taxes if you meet certain criteria.
What is a deduction?
This is the specific name of Box 1 on the W2, where you'll find your total income.
What is wages, tips, and other compensation?
You pay your deductible first, then this happens.
What is co-insurance?
The 5 things that determine how much you pay for car insurance each month.
What is your deductible, mileage, driving record, car make and model, and personal info/age?
Feeling generous? You have the option to donate $3 to this, on your 1040 form.
What is the Presidential Election Campaign?
In order to complete line 16 of you 1040, you had to consult the tax table to find this, starting on page 65 of the 1040 instruction document.
What is the exact rate at which you are taxed?
On your 1040 form, your number in box 35a could not be larger, but it could be equal to or less than the number in box 34 because the purpose of box 35a is this.
What is the total amount of your refund you want to receive.