TAXES

Question 1

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

Accepted Answer

www.irs.gov

Question 2

What is interest income?

Accepted Answer

Interest the bank pays on certain accounts

Question 3

Whichis the correct heading for form 1040EZ?

Accepted Answer

Brenda L. Smith 432 First Street Chicago, IL 60112

Question 4

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

Accepted Answer

tax tables

Question 5

Line number 1 of the 1040EZ always asks for?

Accepted Answer

total wages, salaries and tips

Question 6

What is your adjusted gross income?

Accepted Answer

Wages, tip, salary, taxable interest incomeand unemployment

Question 7

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

Accepted Answer

social security number

Question 8

What is unemployment compensation?

Accepted Answer

money that substitutes for wages paid to unemployed workers

Question 9

A refund is

Accepted Answer

money you overpaid in taxes

Question 10

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

Accepted Answer

Box #1

Question 11

What mathematical operations are performed whencomputing a 1040EZ?

Accepted Answer

Addition and Subtraction

Question 12

A review or _________________ strikes absoluteterror into the mind of a taxpayer.

Accepted Answer

audit

Question 13

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

Accepted Answer

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

Question 14

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

Accepted Answer

W-2

Question 15

Why can your parents claim you as a deduction?

Accepted Answer

both options

Questions 15