Tax Forms
What is an I-9?
Health Insurance, 401(k)
What are employer contributions?
The calendar year.
What is January 1-December 31?
Unique 9 digit identifying number.
What is social security number?
$15,750.
What is the standard deduction.
What is a 1040?
What is Healthcare?
When a W-4 is filled out.
What is every time you start a new job?
You cannot file taxes without this!
What is a W-2?
Everyone pays the same, regardless of income.
What is a flat tax rate?
What is a W-4?
Different categories tax dollars go towards that are voted on by the government and depends on priorities of the current adminstration.
What is discretionary spending?
You should contact your employer(s) if you do not receive your W2 by this date.
What is January 31?
If you recently had a child, what do you need to update?
What is a W-4?
Alaska.Nevada.Washington are examples.
What are states with income taxes?
You may have multiple of these, depending on how many jobs you held in a calendar year.
What is a W-2?
Medicare and Social Security.
What is FICA?
Tax Day.
You received dividends on investments you own.
What is a 1099?
Someone who is under the age of 19, or under 24 years old and attending school full time.
What is a dependent?
Interest. Dividends. Gambling Winnings.
What is a 1099?
I check this box if I had no tax liability the prior year and I do not have any tax liability the upcoming year. This ensures no federal taxes are withheld.
What is EXEMPT?
Due date for filing when given an extension.
What is October 15?
If you have a very complicated tax situation, this might be the best option.
What is using a tax professional?
You will fall into different brackets and pay more, the higher salary you earn.
What is a progressive tax rate.