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

1040

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

When is the earliest you can file your taxes?

Jan. 26

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

What is a way you can file your taxes?

Old school paper filing

online software

tax professional

200

Who primarily uses our tax money

federal and state government

300

Willful failure to pay taxes

tax evasion

400

True or False: a teens earned income can be reported on their parent's tax return?

FALSE

500

True or False: If a teen files a tax return, they can still be claimed as a dependent on their parents tax return?

TRUE

Tax Definitions

100

What determines how much you owe in taxes?

Your 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 goes towards what?

Mandatory spending, discretionary spending and national debt

400

When you financially support yourself less than 50% of the time?

Dependent

500

When you financially support yourself more than 50% of the time?

Independent

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?

$15,750

400

What government organization is responsible for collecting your taxes?

IRS

500

What does IRS stand for?

Internal Revenue Service