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PF Chapter 3 Taxes

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Last updated over 5 years ago
9 questions
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Question 1
1.

The largest quantity of the US government's revenue comes from this source

Question 2
2.

The main function of this agency is to collect taxes and enforce tax laws

Question 3
3.

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

Question 4
4.

The President has the power to levy federal taxes on US citizens.

Question 5
5.

The responsibility for filing a tax return on your own is called...

Question 6
6.

Willful failure to pay taxes which may lead to a crime punishable by fine, imprisonment or both is called

Question 7
7.

The deadline to file your income taxes in a normal year is

Question 8
8.

Form W-4 summarizes the income you earned and taxes withheld by your employer for the year

Question 9
9.

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?