Taxes Answers
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A federal payroll tax that supports retired workers is
A
progressive tax.B
sales tax.C
corporate tax.D
social security tax.2
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Property taxes are based on
A
where a property is located.B
who lives on a property.C
how much a property is worth.D
when a property was purchased.3
[BLANK]
A
progressive or flatB
regressive or flatC
progressive or regressive4
The document shows a personal allowances worksheet.
A
affect who pays taxes.B
increase overall taxes.C
lower overall taxes.D
affect when to pay taxes.5
In addition to federal income tax, many people also pay
A
corporate tax.B
state income tax.C
local medicare tax.D
local social security tax.6
Which are types of income tax that people pay? Check all that apply.
A
federalB
localC
progressiveD
stateE
salesF
flat7
Sales tax is calculated
A
based on the number of items purchased.B
using a percentage of the price of an item.C
before a sale discount is applied.D
as a percentage based on federal law.8
The image shows a W-2 form.
A
It shows how much a person paid in taxes, and how much more is due.B
It shows how much a person earned, and how much was withheld in taxes.C
It shows how much a person earned, and how much tax is to be refunded.D
It shows how much a person paid in taxes, and whether they have a spouse.Did you find these answers helpful?
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