College
Pay Stubs
Tax Forms
Taxes
Random Tax Facts
1
This is the cost of filing your FAFSA.

What is $0. (Free Application for Federal Student Aid)

1

This is how the money you actually receive is labeled on your pay stub.

What is Net Pay?

1

This form is effectively a receipt of money earned and taxes paid for the year from your work.

What is a W-2?

1

This is when you begin paying income taxes.

What is when you begin working?

1

Documentation of tax records can be dated back to 3000-2800 BCE in this country/civilization.

What is Egypt?

2

They use the information on your FAFSA to determine the appropriate offers for you.

Who are the colleges you've listed?

2

This is your pay before taxes have been taken out.

What is gross pay?

2

This is the form you complete your tax information on, and then send to the IRS to be filed.

What is a 1040?

2

It is somebody under 19 who is financially reliant on somebody else.

What is a dependent?

2

This president is responsible for first implementing U.S. income taxes.

Who is Lincoln?

3

The amount of student loans that you take out, generally should not exceed this.

What is your starting salary after school/income?

3

This is what YTD stands for on your pay stub.

What is Year to Date.

3

This form is filled out to let your employer know how much money to withhold from you to pay your taxes.

What is a W-4?

3

This is your standard tax deduction?

What is $13,850(2023/2024) or $14,600 (2024/2025)?

3

This famous mob boss was put in prison, not for murder or violation of prohibition, but for tax evasion.

Who is Al Capone?

4

You may begin resubmitting your FAFSA this month, in a typical year. (This school year it was in December.)

What is October?

4

If you are receiving overtime pay, you have worked over this number of hours in a given week?

What is 40?

4

Your employer will have you complete this form upon being hired to file as proof of eligibility of hire.

What is an I-9?

4

You would find your state tax information here on your W-2.

What is along the bottom (OR BOXES 15-20)?

4

This US state (West of the Mississippi River) will allow you to not pay (State) taxes so long as you have lived there for at least 100 years.

What is New Mexico?

5
Your parents/guardians may claim you as a dependent up to this age so long as you are still a full time student.

What is 24?

5

FICA deductions cover these two items on your pay stub?

What are Social Security and Medicare?

5

This form is sent out to individuals who have collected non-employment income throughout the year. You might receive it for money gained through dividends.

What is a 1099?

5

This will happen if you make less than the standard deduction, have money withdrawn from your paycheck for taxes, and do not file a tax return.

What is You'll receive no refund.

5

This famous country musician got "on the road again" and made an entire album just to cover his tax debts.

Who is Willie Nelson?

M
e
n
u