Tax Forms
What tax form is used by individuals to file their annual tax return with the IRS?
What is 1040?
This tax funds retirement benefits for people aged 62 and older.
What is Social Security Tax
What is the term for your total earnings BEFORE deductions are taken out of your paycheck?
What is Gross Pay?
What happens if you overpaid taxes throughout the year?
What is you receive a refund?
Jack earns $14 per hour and worked 40 hours. What is his gross pay?
What is $560?
What form does an employer provide to show total earnings and taxes withheld for the year?
What is W-2?
This tax helps pay for health insurance for individuals 65 and older.
What is Medicare Tax
What is the last day to submit your tax forms to the IRS without requesting an extension?
What is April 15?
If a taxpayer has NOT paid enough in taxes throughout the year, what will happen when they file their tax return?
What is you OWE money to the IRS?
Dylan earns $14 per hour and time-and-a-half for overtime. What is his overtime pay rate?
What is $21 per hour?
What form is used by independent contractors and freelancers to report income?
What is 1099?
This paycheck withholding is an optional RETIREMENT savings plan that YOU setup.
What is 401(k)?
What is the first day you can submit your tax return to the IRS?
What is January 27?
Name one reason why someone might file a tax return even if they are not required to.
What is to receive a refund if taxes were withheld?
If Dave worked 48 hours, how many overtime hours did he work?
What is $8?
What form determines how much federal income tax is withheld from an employee's paycheck that you fill out on the first day of a job?
What is W-4?
What term describes the amount of money taken out of your paycheck for taxes, insurance, and retirement? Hint: Starts with a W!
What is withholding?
What is the deadline to file a tax return with an EXTENSION?
What is October 15?
If you work 2 jobs, how many W-2 forms will you receive... 1 or 2?
What is 2? You will receive a W-2 from from EACH job?
Sophia works 45 hours at $16 per hour, with double time paid for any overtime hours worked. What is her gross pay?
What is $800?
What form verifies an employee’s identity and authorization to work in the U.S. that you fill out on the first day of a job?
What is I-9?
What is the term for your total earnings AFTER all deductions are taken out of you paycheck?
What is Net Pay?
What is the deadline for employers to mail W-2 forms?
What is January 31?
To qualify as a dependent a child must______. What is one criteria?
What is get at least half of their financial support from you?
What is be under 19 (or 24 if a full-time student)?
What is live with you for at least half the year?
Sam earns $18 per hour and time and a half for overtime. If he works 46 hours, how much does he earn?
What is $882?