PF Chapter 3 Taxes
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Last updated over 5 years ago
9 questions
1
The largest quantity of the US government's revenue comes from this source
The largest quantity of the US government's revenue comes from this source
1
The main function of this agency is to collect taxes and enforce tax laws
The main function of this agency is to collect taxes and enforce tax laws
1
If sales tax is 7% in your town and you buy a pop for $1, how much would your total bill come to? Show your work
If sales tax is 7% in your town and you buy a pop for $1, how much would your total bill come to? Show your work
1
The President has the power to levy federal taxes on US citizens.
The President has the power to levy federal taxes on US citizens.
1
The responsibility for filing a tax return on your own is called...
The responsibility for filing a tax return on your own is called...
1
Willful failure to pay taxes which may lead to a crime punishable by fine, imprisonment or both is called
Willful failure to pay taxes which may lead to a crime punishable by fine, imprisonment or both is called
1
The deadline to file your income taxes in a normal year is
The deadline to file your income taxes in a normal year is
1
Form W-4 summarizes the income you earned and taxes withheld by your employer for the year
Form W-4 summarizes the income you earned and taxes withheld by your employer for the year
1
The standard deduction for 2019 was $12,200. If you took the standard deduction and made $35,600 in 2019, what was your taxable income?
The standard deduction for 2019 was $12,200. If you took the standard deduction and made $35,600 in 2019, what was your taxable income?