Financial Literacy - Income, Benefits, & Taxes

Which is not an example of a required deduction?

A tax that is charged on goods like gasoline, cigarettes, & alcohol.

Money received from sources other than working in a job would be called what?

The rate withheld from your paycheck for social security tax is what?

Which is not an example of an optional deduction?

A tax paid by those who give more than $13,000 to any person within a tax year is called what?

Money and benefits received from local, state, or federal governments are called what?

A person who depends on you for more than half of his or her support.

Which is not an example of a public good?

A person who takes the risks of being self-employed and owning a business.

Which is not an example of "pay without work"?

A short tax return form designed for use by single and joint filers is called what?

An insurance plan that pays medical and disability benefits to employees who are injured.

Taxes that are added to the purchase price of consumer goods & services are called what?

A tax form used to report the taxable income a worker received during the calendar year.

Which is an example of unearned income?

Take-home pay is called what?

A form of income which are a portion of a corporation's profits distributed to stockholders.

Your total salary or wages earned is called what?

What is filing taxes electronically called?