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Level 2. Taxes & Deductions Knowledge Check

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Level 2. Taxes & Deductions Knowledge Check

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About this activity

Test your understanding of Taxes & Deductions by completing the recap quiz

Created by

WM
WM
United States

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Level 2. Taxes & Deductions Knowledge Check
 

Level 2. Taxes & Deductions Knowledge CheckOnline version

Test your understanding of Taxes & Deductions by completing the recap quiz

by WM
1

Which job is most likely to have taxes taken out automatically?

2

What does "gross pay" mean on a paystub?

3

Which of these is a required deduction for most workers?

4

FICA taxes pay for which two programs?

5

Which income type usually does not have taxes taken out automatically?

6

How do tax brackets work in the U.S.?

7

Which statement is most accurate?

8

If Joey earns $40,000/year from his job and falls in the second (12%) tax bracket, how is his money taxed?

9

What does "year-to-date" show?

10

How are cash gifts taxed?

 
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