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Insurance Basics
Insurance Pt.2
Types of Taxes
Tax INFO
Tax INFO pt.2
100
Auto; Vision; Disability; Medical; Life; Homeowners; Dental; Buisness; Renters are examples of...
What are the types of insurance?
100
A portion of the claim the insurance wants you to pay is...
What is a Co-Pay?
100
The tax you have to pay to work.
What is Federal Income?
100
Government agency that____ taxes.
What is COLLECTS?
100
Money deducted ( Subtracted ) from your paycheck .
What is Deduction?
200
Insurer and Insured are the examples of...
What are the parties?
200
you pay ___% of your deductible when your in an accident.
What is 10%?
200
The tax you pay when you purchase an item.
What is Sales Tax?
200
A form you fill out one time when you start a job.
What is W-4
200
Its what you file once a year with the IRS.
What is 1040EZ?
300
Higher risk= higher ______.
What is Premium?
300
A car repair bill is an example of...
What is a claim?
300
The money you're get when unemployed
What is Unemployment tax?
300
IRS stands for...
What is Internal Revenue Service?
300
W-2 summarizes earnings, deductions, and taxes withheld are...
What is Tax return?
400
You pay the deductible every _____.
What is January?
400
It's what you pay once per accident.
What is a deductible?
400
The money you get when your on disability.
What is Disability Tax?
400
Receive annually from your employer.
What is W-2?
400
If you make a profit on an investment its called a...
What is Capital Gains Tax?
500
When you ask insurance to pay because something happened is called a ...
What is a claim?
500
The amount the insurance that is needed to be paid.
What is 90%?
500
The tax you pay when you visit the doctors/ hospital.
What is Medical Tax?
500
Your pay before deductions and witholdings for the year.
What is Gross Pay?
500
The part of your pay check that is left after deductions and withholding.
What is Take home pay and Net pay?