Personal Finance Chapter 10 - Taxes

Which form is used to calculate how much income tax is withheld from your pay?

____ is your total pay before taxes and withholdings are taken out.

What percentage of their income should a self-employed person set aside for taxes?

What federal payroll tax goes toward Social Security and Medicare?

The total amount the U.S. owes to other countries and companies called what?

April 15 of every year - the usual deadline to file your taxes - is also called what?

What is the date that employers have to send the W-2 out to employees?

Each year taxpayers submit a(n) ___ to the IRS with the goal of getting as close to zero as possible.

Due to the 2018 tax reforms, most tax filers can just take the ____ when filing their taxes.

The taxes you pay for snacks and other items at a gas station are examples of ____.