Basics of Taxes
Other
9th - 12th Grade
Used 89+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All states have state income tax.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payroll tax include deductions for the Social Security and Medicare program.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unearned income could include interest earned from a savings account.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consumption items such as gas, hotel rooms and airline tickets are often charged an excise tax.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales tax is added to the original price of an item.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Taxes are one of the largest expenses for most people.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
I can deduct the expenses of looking for my first job.
True
False
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