Types of Taxes
This is a tax used to fund local schools.
Property/ Real estate tax
Employers send this form to workers. It shows how much they made and how much was taken out in taxes.
W-2
This government agency is in charge of carrying out the US tax system.
IRS
A card that pulls money directly out of your bank account.
Debit Card
The last year Tennessee won a college football national championship.
1998
This tax is divided into brackets
Income Tax
1040/1040EZ/1040A
Tax Bracket
The governmental department in charge of printing money.
Treasury Department.
The age of the oldest living person in the world.
115
This tax is used to provide healthcare for the elderly.
Medicare.
Employees complete this form at the beginning of employment. It determines how much money will be withheld from each paycheck.
W-4
Single, Married Filing Jointly, and Widower are all examples of.
Filing Statuses
Monthly payments on a home.
Mortgage
The color of Anakin Skywalker's lightsaber.
Blue
This tax is used when someone sells something for more than they purchased it for.
Capitol Gains Tax.
Works fill out this form to prove that they are eligible to work in the US.
A persons income minus certain allowable amounts
AGI (Adjusted Gross Income)
The average amount that Americans spend on subscriptions monthly.
$220
This person assassinated John F. Kennedy
This tax provides monthly payments for eligible retirees.
Social Security.
1099
The total percentage of a persons income that goes to taxes is their.
Effective Tax Rate.
This type of insurance protects you if one of your friends is injured on your property.
Liability Insurance.
The last SEC football team to lose a game to Vanderbilt
Florida