Drag the tax situation to the correct tax type. There may be more than one at each.
owning a home
buying shoes
working at Sonic
earning a salery (paycheck)
paying a worker
Sales Tax
Property Tax
Income Tax
Payroll Tax
2 points
2
Question 2
2.
Define gross income and net income.
the amount of money earned before taxes.
the amount of money you actually get to keep after taxes
Gross Income
Net Income
1 point
1
Question 3
3.
Ms. Marsh finds these documents in her file cabinet at home.
What type of tax is in document A?
1 point
1
Question 4
4.
Ms. Marsh finds these documents in her file cabinet at home.
According to the documents, how much property tax did Ms. Marsh pay in 2013?
1 point
1
Question 5
5.
Ms. Marsh finds these documents in her file cabinet at home.
According to Document C, how much more property tax did Ms. Marsh pay in 2013 than 2012?
1 point
1
Question 6
6.
Matt's receipt is shown below.
What is Matt's subtotal?
1 point
1
Question 7
7.
Matt's receipt is shown below.
What type of tax does Matt have to pay?
1 point
1
Question 8
8.
Matt's receipt is shown below.
How much sales tax does Matt pay?
1 point
1
Question 9
9.
Mr. Ford pays a yearly tax of $1,300 based on the value of his home. The tax money helps pay for schools and other local programs, such as firemen and courts. What is the name of the tax Mr. Ford pays?
6 points
6
Question 10
10.
Taxes pay for...
Select all that are true.
5 points
5
Question 11
11.
In the list below, select each good or service that is supported by tax money.
1 point
1
Question 12
12.
Shauna's parents pay a tax to the federal government based on the money they earn every year. The tax money helps pay for federal programs such as the military, national parks, the president's salary, and the FBI.
What is the tax Shauna's parents pay.
3 points
3
Question 13
13.
Serena takes home $1,104 each payday, after payroll tax has been withheld. Without the payroll tax, Serena's paycheck would be $1,270.
How much are Serena's gross income, net income, and payroll tax for every paycheck?