Taxes

Question 1

If a new shirt costs $34.99 and the sales tax is $2.10, the sales tax rate is

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6 percent.

Question 2

In addition to federal income tax, many people also pay

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state income tax.

Question 3

Property taxes are based on

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how much a property is worth.

Question 4

The document shows a 1040 form.

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federal tax.

Question 5

The image shows a W-2 form.

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It shows how much a person earned, and how much was withheld in taxes.

Question 6

Social security and medicare are

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payroll taxes.

Question 7

What types of information does a W-2 form contain? Check all that apply.how much has been earned how much sales tax has been paid how much has been withheld for taxes how much property tax has been paid how much additional tax is due how much withheld tax will be refunded

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how much has been earned; how much has been withheld for taxes

Question 8

The document shows a personal allowances worksheet.

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affect when to pay taxes.

Question 9

The chart shows taxable income.

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Income is what a person earns, while taxable income reflects deductions subtracted for relevant expenses.

Question 10

withholding amountincome taxtax rate

Revolt · Accepted Answer

tax rate

Taxes Answers

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