Tax Forms
What is the form that tells your employer to withhold a part of your federal income tax?
What is w4
What is the date that taxes are due?
What is April 15th
What is the name of the profession that can help with filing your taxes?
What is an accountant?
What will always be on a pay stub?
Should you file taxes even if you can't pay?
Yes
What is the w2?
What is the tax year?
What is January 1st to December 31st
What is the system called when the percentage of tax you pay depends on how much you earn?
What is progressive tax?
What do federal taxes go into?
What are national parks, national debt interest, military, etc. (Only need 1)
Should you get an extension if you want to avoid interest on money owed?
No
What time should you fill out the w4?
What is as soon as you start a job?
At what date do employers have to give you your w2?
What is January 31st
What is a tax return?
Records how much tax money you actually should pay and you could possibly get a refund
What is the combination of social security tax and Medicare tax on your paycheck?
What is FICA
What should someone usually do if they haven't received their w2 at February 3rd?
What is check the companies' app or email.
What is the 1099-INT?
What is a form that outlines how much you made in interest from banks, stocks, crypto, etc.
What does the date October 15th signify in terms of taxes?
What is when extensions for filing taxes are due
What does withholding mean in terms of taxes?
Your employer deducts a certain amount from your paycheck and sends it to the government as prepayment.
What is the percentage of your gross pay that goes to FICA?
What is 7.65%
If someone receives a 1099-INT form in late January do they have to report it?
Yes.