Employment Forms
The purpose of this form is to prove that you are eligible to work in the United States.
I-9
Which tax form is given to you by your employer to show your wages and taxes from the whole year?
W-2
What is the lowest possible credit score?
300
What is it called when you sign a check on the back?
Endorsing
What is a 4 year degree called?
Bachelors
The purpose of this form is to put a portion of your earnings away for retirement.
401K
Around what number is the standard deduction for single people?
~$12,000
What is the highest possible credit score?
850
Can you write a check to yourself?
Yes
True or False: Location does not affect how much money can be made for the same occupation.
False
If my employer will match up to 4% of my investments into a 401K, what is the minimum amount of earnings I should put into the 401K?
4%
Which form allows you to choose how much money you want withheld for taxes?
W-4.
Tommy has a credit score of 700. Maria has a credit score of 550. Who will pay higher interest rates?
Maria
What is it called when you sign a check on the back but write no restrictions, such as account number?
Blank endorsement
A masters or graduate degree usually takes how many years to complete?
6
When is the W-4 completed?
At the start of a new job.
What is the name of the form where you input your information from your W-2 to see how much you owe or receive for taxes?
1040
What does APR stand for?
Annual percentage rate
I write a check for $50 to a charity. Do I write this $50 in the deposit or withdraw column in the checkbook register?
Withdraw
Which career cluster would a hotel manager fall under?
Hospitality and tourism
What date is your employer required to give you your W-2 for the previous year by?
January 31st.
If I am single and taking the standard deduction and my salary is $100,000 a year, about how much money is my taxable income?
~$88,000
What percent of your credit score does "payment history" make up?
35%
How long does it take for an outstanding check to become a "stale check?"
6 months
What degree is required to become a veterinary technician?
Associates