TAXES

Question 1

What is the significance of the date, April 15th?

Accepted Answer

The day income tax form must be stamped & mailed to the gov.

Question 2

On the W-2 form, you can be absolutely certainyour wages/tips/salary will appear in

Accepted Answer

Box #1

Question 3

What is unemployment compensation?

Accepted Answer

money that substitutes for wages paid to unemployed workers

Question 4

What is interest income?

Accepted Answer

Interest the bank pays on certain accounts

Question 5

What mathematical operations are performed whencomputing a 1040EZ?

Accepted Answer

Addition and Subtraction

Question 6

This 9 digit number absolutely identifies you,the tax payer.

Accepted Answer

social security number

Question 7

Most of the information required for fillingout a 1040EZ is found on what document?

Accepted Answer

W-2

Question 8

Which is the correct heading for form 1040EZ?

Accepted Answer

Brenda L. Smith 432 First Street Chicago, IL 60112

Question 9

How many years should you keep your tax information once you have filed?

Accepted Answer

6 years

Question 10

One website to find free information and tax forms that the U.S. government provides is:

Accepted Answer

www.irs.gov

Question 11

What is your Adjusted Gross Income?

Accepted Answer

Wages, tip, salary, taxable interest incomeand unemployment

Question 12

Why can your parents claim you as a deduction?

Accepted Answer

both options

Question 13

A refund is

Accepted Answer

money you overpaid in taxes

Question 14

Where do you find the information for the amount of tax you owe the government?

Accepted Answer

tax tables

Question 15

Line number 1 of the 1040EZ always asks for?

Accepted Answer

total wages, salaries and tips

Questions 15