Tax verbs
retire is the verb what is the noun?
retirement
True or False: A taxpayer may have to pay a penalty for a late tax payment?
True
When you make money you earn money.
save is the verb what is the noun?
savings
True or False: Most people who don’t work don’t need to file a tax return
False
Tax taken from individual and business income
Income taxes
apply is the verb what is the noun?
application
True or False: People without kids don't have to pay the taxes that fund the schools
False
When there is a specific date that you have to do something by.
deadline
due
contribute is the verb what is the noun?
contribution
Who is responsible for calculating taxes and filing tax returns? The CRA or the taxpayer?
The Taxpayer
deduction is the noun what is the verb
receive is the verb what is the noun?
recipient
Where are the 3 places that your tax can go to?
Federal Government, Provincial Government and Municipal Government
refund