TAX ASSESSMENT QUESTIONS AND
ANSWERS
Which fform fdo fyou fcomplete fin forder fto ffile fyour ftaxes, fannually? f- fans-1040
How fdo femployers ffigure fout fhow fmuch ffederal fincome ftax fto fwithhold ffrom
fyour fpaycheck? f- fans-It fis fbased fon fthe finformation fyou fhave fprovided fon
fyour fI-9 fform
Which fof fthe ffollowing fevents fshould fhappen fFIRST fin fa fcalendar fyear? f-
fans-Deadline fto freceive fyou fW-2 fform ffrom fyour femployer
Annually, fwhat fis fthe flast fday fto ffile fyour ftaxes fwithout fan fextension? f- fans-
April f15th
If fyou fincrease fthe fnumber fof fallowances fyou fclaim fon fyour fW-4 fform, fyour
fnet fpay fin feach fpaycheck fwill... f- fans-Increase
Liana fgraduated fhigh fschool, fnow flives fby fherself, fand fhas fno fchildren. fShe
fis fstarting fa fnew ffull-time fjob. fHow fmany fallowances fshould fshe fmost flikely
fclaim fon fher fW-4? f- fans-1
What fis fthe fdeadline ffor fyou fto freceive fyou fW-2 ffrom fyour femployer? f- fans-
January f31st
Who fshould fexpect fto freceive fa fW-2 ffrom ftheir femployer? f- fans-Any
femployee fwho fearned fwages fand fhad fincome, fsocial fsecurity, for fMedicare,
ftaxes fwithheld
Why fis fyour fW-2 fso fimportant? f- fans-It fprovides fthe fincome fand ftax
finformation fyou fneed fto fcomplete fa f1040 fform
Which fof fthe ffollowing fdoes fthe fUS fgovernment fspend fthe fLEAST fmoney
fon? f- fans-Transportation
The fUnited fStates fhas fa f"progressive" ftax fsystem. fThis fmeans fthat... f- fans-
You fpay fdifferent ftax frates facross fdifferent ftax fbrackets, fand fthose fwho fearn
fmore fare ftypically ftaxed fat fa fhigher frate
ANSWERS
Which fform fdo fyou fcomplete fin forder fto ffile fyour ftaxes, fannually? f- fans-1040
How fdo femployers ffigure fout fhow fmuch ffederal fincome ftax fto fwithhold ffrom
fyour fpaycheck? f- fans-It fis fbased fon fthe finformation fyou fhave fprovided fon
fyour fI-9 fform
Which fof fthe ffollowing fevents fshould fhappen fFIRST fin fa fcalendar fyear? f-
fans-Deadline fto freceive fyou fW-2 fform ffrom fyour femployer
Annually, fwhat fis fthe flast fday fto ffile fyour ftaxes fwithout fan fextension? f- fans-
April f15th
If fyou fincrease fthe fnumber fof fallowances fyou fclaim fon fyour fW-4 fform, fyour
fnet fpay fin feach fpaycheck fwill... f- fans-Increase
Liana fgraduated fhigh fschool, fnow flives fby fherself, fand fhas fno fchildren. fShe
fis fstarting fa fnew ffull-time fjob. fHow fmany fallowances fshould fshe fmost flikely
fclaim fon fher fW-4? f- fans-1
What fis fthe fdeadline ffor fyou fto freceive fyou fW-2 ffrom fyour femployer? f- fans-
January f31st
Who fshould fexpect fto freceive fa fW-2 ffrom ftheir femployer? f- fans-Any
femployee fwho fearned fwages fand fhad fincome, fsocial fsecurity, for fMedicare,
ftaxes fwithheld
Why fis fyour fW-2 fso fimportant? f- fans-It fprovides fthe fincome fand ftax
finformation fyou fneed fto fcomplete fa f1040 fform
Which fof fthe ffollowing fdoes fthe fUS fgovernment fspend fthe fLEAST fmoney
fon? f- fans-Transportation
The fUnited fStates fhas fa f"progressive" ftax fsystem. fThis fmeans fthat... f- fans-
You fpay fdifferent ftax frates facross fdifferent ftax fbrackets, fand fthose fwho fearn
fmore fare ftypically ftaxed fat fa fhigher frate