Convert the percentage to decimal and then multiply by the number.
100
When do you have to have your taxes filed by to get money back?
April 18.
100
What are taxes and why do we need to pay them? What month of the year can we file taxes to get our money back?
Money taken from our paycheck.... April.
100
What does a tax table show you?
How much tax money you owe.
200
Write the following amount in digits: 1.7 million
1,700,00
200
Find 11% of 125,700,000
13,827,000
200
What two forms do you need to file taxes? They both start with W's.
W-2 and W-4
200
What is a tax table?
A table that shows how much tax money you owe.
200
What does it mean to file 'single'? 'Head of household'?
Single means you are only filing for yourself. Head of household means you make the primary income for the household.
300
Write the following amount in digits: 305.8 billion
305,800,000,000
300
Find 14% of 2.3 million
322,000
300
What would you currently file as?
Single dependent
300
What are exemptions and deductions?
Money taken from your paycheck to pay for something.
300
Go to page 312 in your book. Determine the tax due if you make $24,400 and are filing single.
$3,664
400
Write the following amount in digits: 452.283 billion
452,283,000,000
400
Find 2% of 1,500
30
400
What tax form do YOU need to fill out to file your taxes?
1040
400
What is a refund? What is a balance? How will you know if you get a refund or a balance?
A refund is when you get money back. A balance is when you owe money. You can determine this by calculating your taxes.
400
Go to page 312 in your book. Determine the tax due if you make $25,294 and are filing head of household.
$3,791
500
Write each number in digits. Then decide which number is greater: 200 billion and 1 trillion
200,000,000,000 and 1,000,000,000,000
1 trillion is greater.
500
Find 5% of 65,980,184
3,299,009.2
500
What tax form do YOU need to fill out to file your taxes?
1040
500
What does it mean if you claim yourself as a dependent? How about independent?
Dependent means someone else can claim you - you depend on someone else financially. Independent means you take care of yourself financially.
500
Go to page 312 in your book. Determine the tax due if you make $24,596 and are filing married filing jointly. Then find if you were file married filing separately.