Personal Finance Test 4 – Practice Questions with Answers.pdf Personal Finance Test 4 – Practice Questions with Answers.pdf Personal Finance Test 4 – Practice Questions with Answers.pdf
Personal Finance Test 4 –
Practice Questions with
Answers
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
Personal Finance Test 4 – Practice Questions with Answers.pdf Personal Finance Test 4 – Practice Questions with Answers.pdf Personal Finance Test 4 – Practice Questions with Answers.pdf
, Personal Finance test 4.pdf Personal Finance test 4.pdf Personal Finance test 4.pdf
Terms in this set (69)
W-4 Form How much you want your employer to withhold from your paycheck in taxes
W-2 form Summary of how much you paid in taxes that year
Income tax Tax paid to the state, federal, and local governments based on income
earned over the past year.
Marginal tax Like income however it increases as a persons taxable income increases
Payroll tax A percentage withheld from an employee's pay by the employer who pays
that money to the government on the employee's behalf (FICA)
sales tax a tax on the dollar value of a good or service being sold
Property tax a tax based on real estate and other property
Estate tax tax on the transfer of property when a person dies
Personal Finance test 4.pdf Personal Finance test 4.pdf Personal Finance test 4.pdf
Personal Finance Test 4 –
Practice Questions with
Answers
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
Personal Finance Test 4 – Practice Questions with Answers.pdf Personal Finance Test 4 – Practice Questions with Answers.pdf Personal Finance Test 4 – Practice Questions with Answers.pdf
, Personal Finance test 4.pdf Personal Finance test 4.pdf Personal Finance test 4.pdf
Terms in this set (69)
W-4 Form How much you want your employer to withhold from your paycheck in taxes
W-2 form Summary of how much you paid in taxes that year
Income tax Tax paid to the state, federal, and local governments based on income
earned over the past year.
Marginal tax Like income however it increases as a persons taxable income increases
Payroll tax A percentage withheld from an employee's pay by the employer who pays
that money to the government on the employee's behalf (FICA)
sales tax a tax on the dollar value of a good or service being sold
Property tax a tax based on real estate and other property
Estate tax tax on the transfer of property when a person dies
Personal Finance test 4.pdf Personal Finance test 4.pdf Personal Finance test 4.pdf
