Tax forms
I am completed and turned into the IRS each year by people with earned/unearned income.
I am a 1040
Alice is 16 and earned $3,550 working part-time last year. Is Alice legally required to file taxes? Why or Why not.
No
What Date Must Taxes be filed by?
April 15th
Spending for the Military is in what category of spending?
Discretionary
Pauline has two jobs where she is an employee. How many W-2's should she receive if she is only completing one 1040 form.
2, one for each job
I am received in January and contain wage, tax, and deduction information.
W-2
What is the minimum you can earn before you must file taxes?
$12,550
You complete the W-4 when?
Before you start work
If you over pay in your taxes the government will give you a?
Refund
The most convenient way to file your taxes is?
Using a tax website
I let your employer know that you can legally work in the United States.
I-9
What amount of unearned income must you receive before you must legally file taxes?
$1,100
Does the date you began work appear on your W-2
No
FICA Tax covers what two areas
Medicaid and Social Security
Medicare and Social Security
Unemployment and Medicaid
Medicare and Social Security
Will you receive the same amount of checks if you get paid on the 15th and last day of the month compared to getting paid every two weeks?
No, getting paid every two weeks means I receive 26 paycheck instead of 24
I let the government know how many exemptions you claim, and how much I would like taken out of my check.
W-4
Kevin is 24 and lives with his roommate. He also earned $12,549 at his job last year. Is Kevin legally required to file taxes.
No, he earned less than the legal required amount.
You should receive your W-2 by?
January 27th of the new year.
I am normally the largest portion of your of money taken out of your check.
Federal tax
How many states do not have a state tax?
What is 8 states with no state tax.
I am completed by contractors and self employed people. I also must be turned in April.
1099
Dan is an non employee worker. How much must he earn to be legally required to file taxes
$400
It is April 2020, Brock began working for his current company in June of 2008. What year will Brock be filing his taxes for?
2019
The acronym FICA stands for?
Federal Insurance Contribution Act
Carson worked 46.75 hours last week. How many hours and minutes did he work overtime?
6 hours and 45 minutes