Type of tax?
Tax on a box of Hot Pockets
What is sales tax?
Month taxes are due
What is April 15?
Reason for taxes
To provide public goods
Tax on the money from your job
What is income tax?
Form used to pay taxes
What is 1040/1099/W-2/W-4
What is one reason there are taxes on cigarettes/alcohol
Money withheld from paycheck
What is payroll tax?
Taxes go to ____.
What is government/IRS?
Free-rider problem
Tax on a buying a car
What is sales tax?
Things you need to pay taxes
What are financial records?
What is the best way to be tax-conscious?
Contribute max amount to retirement accounts each year
Tax on a boat you own
What is property tax?
A tax service that you can use to help you if you make less than $72,000
What is a tax deduction and what is a tax credit?
Deduction: reduces total taxable income
Credit: takes away total tax due