Form to tell your employer that you are eligible to work in the United States.
What is an I-9?
Last day of the calendar year. Your yearly earnings are final after this date.
What is December 31st?
Interest, dividends, and gift money from a trust.
What is unearned income?
Three things you need to file taxes.
Answers vary. What is W-2, 1099, and Social Security number?
You can only fill out the W-4 once for every job you have and are not allowed to fill out a second one. False OR True?
What is False?
Form to tell your employer to deduct taxes from your paycheck.
What is a W-4?
Deadline for employers to mail W-2s.
What is January 31st?
A person who is under 19 and receives at least 50% of support for shelter, clothing, and food.
What is a dependent?
Three ways to file your taxes.
What is online website, hire a tax professional, or do it yourself on paper?
A form you need to fill out the 1040?
What is the W-2 or 1099?
Form that summarizes your wages and tax contributions.
What is W-2 form?
Deadline for filing income tax returns that have received extensions.
What is October 15th?
Dollar amount a self-employed person must earn, in order to file a return.
What is $400 or more?
Tax on income earned in a state.
What is state income tax?
Non-taxable income. If you go above this amount, you must pay taxes.
What is a standard deduction?
Form that you must fill out by April to see if you owe more taxes or receive a refund.
What is the 1040?
First day you can submit tax returns for the previous year.
What is January 23rd?
Susana didn't make enough to be legally required to pay taxes, but she files a return anyway, in order to receive a _________. She didn't mark EXEMPT on her W-4.
What is a refund?
People with higher taxable incomes pay higher state income tax rates.
What is progressive tax?
If you didn't pay enough taxes during the calendar year, you can expect to PAY TAXES or GET A REFUND in April when you file your return.
What is pay taxes?
Form that you fill out if you are self-employed or received investments.
What is the 1099?
Last day to submit income tax forms or request an extension.
What is April 18th?
Should she file her return? Amanda, who can be claimed as a dependent and earned $17,000 in her part-time job and received unearned income of $2,000.
What is "she is required to file a tax return?"
All income, dividends, and interest is taxed at the same rate for everyone.
What is flat tax?
The reason the standard deduction increases every year.
What is inflation?