Enter Title

Tax Forms

100

I am received in January. You get me if you are not an employee, but were paid by a company. You probably didn’t get taxes withheld if you got me, so you may have a big tax bill coming up

1099

200

I am received whenever you start a job. You list information about yourself and your family on me. I determine how much money gets taken out of each paycheck

W4

300

I am received in January. There is one of me for every job I work. You can tell how much you earned and how much you paid in taxes by reading me

W2

400

I am completed every April. I cannot be used if you have dependents or investment income. People like me because I’m especially quick

1040EZ

500

I am received whenever you start a job. You use me to prove that you are eligible to work in the U.S. You must provide forms of identification when submitting me

I9

Tax Dates

100

First day of the calendar year. Your earnings for the year begin on this date.

January 1

200

Deadline for filing federal and state income returns that have received extensions

Oct. 15

300

IRS e-file system goes live, allowing submission of electronic tax returns

Jan. 20

400

Deadline for employees to receive their W-2 from their employer (either by paper or electronically)

Jan. 31

500

Last day to e-file or mail federal and state income tax forms or to request an extension

April 15

Tax Definitions 1

100

money paid to support a former spouse

alimony

200

Flat taxes, the rate stays the same regardless of income. Example property taxes

proportional taxes

300

Willful failure to pay taxes

tax evasion

400

An examination of your tax return and records by the IRS.

Audit

500

Take a smaller share of income as the amount of income grows

Regressive

Tax Definitions

100

Income tax ranges from 10 to 35 percent based on income

tax bracket

200

Expenses the law allows you to subtract from your adjusted gross to determine your taxable money

Deductions

300

Incoming funds to the government collected from citizens and businesses in the form of taxes.

Revenue

400

Take a larger share of income as the amount of income grows.

Progressive

500

money paid to a former spouse for support of dependent children

Child Support

Bonus

100

When does a person first start paying Income tax?

When they get a job

200

What does withholding mean?

Money that is taken out of your paycheck. The money that is taxed.

300

How much do you have to make in a year to file an income tax form?

$5,950

400

What government organization is responsible for collecting your taxes?

IRS

500

What does IRS stand for?

Internal Revenue Service