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Paying Taxes
1
income
taxes
April 15
file your taxes
IRS
income tax
tax forms
tax refund
payroll secretary
withhold
W-4 Form
exempt
pay stub
W-2 Form
1099 INT Form
I040 EZ Tax Return Form
dependents
accountant
deductions
tax evaders
1. Paying Taxes
4
http://womeninbiz.sbresources.com/blog/images/money-into-air-image.jpg
It is wonderful to earn an income!
2. INCOME
--all of the money you earn is income (salary or
paycheck). Income also includes interest you earn
from saving your money and winning the Lottery.
Everybody loves getting a
paycheck.
In this world,
nothing is certain
except death and taxes.
Everybody hates paying taxes.
Learn about paying taxes.
7
3. TAXES
--money that pays for government
services.
I don't feel
like paying
taxes!
I don't feel
like paying
taxes!
PAYING TAXES IS THE
LAW.
10
What happens
if I don’t pay?
What happens
if I don’t pay?
April 15
April 15 is Tax Day
4. APRIL 15
--You must pay federal income taxes
every year, on or before April 15.
Uncle SamUncle Sam
Uncle SamUncle Sam
Local (or City)
Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
Local (or City)
Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
Local (or City)
Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
Local (or City)
Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
There are three levels of government...
…and three levels of taxes.
Local (or City)
Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
There are three levels of government...
…and three levels of taxes.
Local (or City) Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
There are three levels of government...
…and three levels of taxes.
Local (or City) Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
There are three levels of government...
…and three levels of taxes.
Local (or City) Government
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
There are three levels of government...
…and three levels of taxes.
Local (or City) Government --Philadelphia City Wage Tax
State Government
Federal Government
There are three levels of government...
…and three levels of taxes.
There are three levels of government...
…and three levels of taxes.
Local (or City) Government --Philadelphia City Wage Tax
State Government --Pennsylvania State Income Tax
Federal Government
There are three levels of government...
…and three levels of taxes.
There are three levels of government...
…and three levels of taxes.
Local (or City) Government --Philadelphia City Wage Tax
State Government –Pennsylvania State Income Tax
Federal Government --Federal Income Tax
There are three levels of government...
…and three levels of taxes.
Local (or City) Government --Philadelphia City Wage Tax
State Government –Pennsylvania State Income Tax
Federal Government --Federal Income Tax
There are three levels of government...
…and three levels of taxes.
People pay
taxes to the
government.
People pay
taxes to the
government.
Department of the Treasury
Internal Revenue Service
People pay
taxes to the
government.
The Budget
The Budget
The Budget
The Budget
The Budget
The Budget
The government
gives services to us.
Some government services:
Some government services:
clean water
Some government services:
Some government services:
clean water
Some government services:
clean water
libraries
Some government services:
clean water
libraries
trash pickup
Some government services:
clean water
libraries
trash pickup
food stamps
Some government services:
clean water
libraries
trash pickup
food stampsfire fighters
Some government services:
clean water
libraries
trash pickup
food stamps
street lamps
fire fighters
Some government services:
fire fighters food stamps
street lamps
trash pickup
clean water
libraries
military
74
6. IRS
--The Internal Revenue Services
collects income taxes for the federal
government.
The IRS: Internal Revenue Service.
The IRS is the federal government office in
Washington, D.C. responsible for collecting taxes.
Send your taxes to the IRS.
Everyone must pay income tax to the IRS.
75
7. INCOME TAX
--money you must pay the federal
government from your paycheck.
It is important to understand tax rules.
You must fill out tax forms.
76
8. TAX FORMS
--You must fill out papers called tax
forms and send them to the IRS.
77
Congratulations!
You started your new job!
Meet the payroll secretary.
http://www.nccchurch.org/images/Secretary.png
I am the payroll secretary.
When you start a new job,
I will give you many forms.
I also help you pay your income tax.
10. The PAYROLL SECRETARY
--The payroll secretary follows rules to
remove taxes from your paycheck.
http://www.nccchurch.org/images/Secretary.png
Please fill out this W-4 form.
80
What is a W-4 Form?
What is a W-4 Form?
• New workers fill out this form.
• The W-4 Form shows the payroll secretary how much federal
income tax to withhold from your paycheck.
81
11. WITHHOLD
--Take out taxes from your paycheck.
• New workers fill out this form.
• The W-4 Form shows the payroll secretary how much federal
income tax to withhold from your paycheck
82
What is a W-4 Form?
17
• New workers fill out this form.
• The W-4 Form shows the payroll secretary how much federal
income tax to withhold from your paycheck
83
What is a W-4 Form?
17
• New workers fill out this form.
• The W-4 Form shows the payroll secretary how much federal
income tax to withhold from your paycheck
84
What is a W-4 Form?
17
• New workers fill out this form.
• The W-4 Form shows the payroll secretary how much federal
income tax to withhold from your paycheck
85
What is a W-4 Form?
17
• New workers fill out this form.
• The W-4 Form shows the payroll secretary how much federal
income tax to withhold from your paycheck
86
What is a W-4 Form?
17
• New workers fill out this form.
• The W-4 Form shows the payroll secretary how much federal
income tax to withhold from your paycheck
87
12. W-4 FORM
--Fill out this form to show how much
tax you want withheld from your
paycheck.
What is a W-4 Form?
17
Students or teenagers who work part-time may be exempt, or
excused, from paying taxes.
88
13. EXEMPT
--If you work part time or if you are a
student, you may be excused from
paying taxes.
17
Your paycheck is attached to a statement called a pay stub.
Your pay stub shows your earnings and your tax deductions.
14. PAY STUB
--A paper that is attached to your
paycheck. It shows how much tax is
subtracted from your income.
09-15-16
http://www.nccchurch.org/images/Secretary.png
In January, I will give you a different form.
This is your W-2 form.
Save it for Tax Day.
91
What is a W-2 Form?
201
In January, the payroll secretary will give you a W-2 form.
The W-2 shows how much taxes were deducted from your paycheck last
year.
201
15. W-2 FORM
--The payroll secretary will give you
this form. It shows how much tax you
paid last year.
In January, the payroll secretary will give you a W-2 form.
The W-2 shows how much taxes were deducted from your paycheck last
year.
201201
In January, the payroll secretary will give you a W-2 form.
The W-2 shows how much taxes were deducted from your paycheck last
year.
201
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much in taxes did she pay for the year?
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much in taxes did she pay for the year?
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much in taxes did she pay for the year?
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much in taxes did she pay for the year?
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much in taxes did she pay for the year?
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much in taxes did she pay for the year?
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
6835.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
6835.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
3100.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
3100.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
725.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
725.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
1535.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
1535.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
750.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
750.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
12945.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
2016
The W-2 Form shows that this taxpayer last year paid the government
Federal income tax, Social Security tax and Medicare tax.
She paid State and Local (city) taxes, too.
How much tax did she pay last year?
PHILA
6835.00
12945.00
201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
April 15 is the deadline to pay taxes on your income.
Your W-2 proves you already paid most of your taxes last year.
You will not have to pay these taxes again.
2016201
7
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
W-2 WAGE AND TAX STATEMENT 2016
Alexia Felder
110 State Street
Philadelphia, PA 19136
Philadelphia Film Office
1302 Market Street
Philadelphia, PA 19104
April 15 is the deadline to pay taxes on your income.
Your W-2 proves you already paid most of your taxes last year.
You will not have to pay these taxes again.
2016201
7
The W-2 Form shows…
…how much income you earned last year.
…how much taxes you paid last year.
Your boss must give you your W-2 Form by January 31st.
Use it to help fill out your tax return.
Is there a mistake? Tell your boss or the payroll
secretary.
120
http://www.nccchurch.org/images/Secretary.png
Please check your W-2 form.
Maybe I made a mistake.
Remember to tell me so I can fix it.
16. 1099 INT FORM
--This form shows how much interest you
earned. Interest is income. You must pay tax on
it. Attach the W-4 Form to the 1040 EZ. Then,
send it to the IRS.
If you save money in the bank, you will earn interest. Sorry, but interest in
income, too. You must pay some taxes on it. Your bank will send you this 1099
INT Form to prove how much interest you earned.
17
Before April 15, use
your W-2 Form and
your 1099 Form
to help you fill out your Tax Return.
2017
Before April 15, use
your W-2 Form and
your 1099 Form
to help you fill out your Tax Return.
17. 1040 EZ TAX RETURN FORM
--You must fill out this form every year to prove
how much income tax you must pay. Attach the
W-4 Form. Then, send it to the IRS.
2017
You
pay
taxes
for last year.
Before April 15, use
your W-2 Form and
your 1099 Form
to help you fill out your Tax Return.
17. 1040 EZ TAX RETURN FORM
--You must fill out this form every year to prove
how much income tax you must pay. Attach the
W-4 Form. Then, send it to the IRS.
2017
Before April 15, use
your W-2 Form and
your 1099 Form
to help you fill out your Tax Return.
18. 1040 EZ TAX RETURN FORM
--You must fill out this form every year to prove
how much income tax you must pay. Attach the
W-4 Form. Then, send it to the IRS.
2017
How do I file the 1040-EZ Form?
This is an ‘easy’ form to use. You must…
…be single
…have no dependents
…earn income under $100,000.00.
…earn interest under $1500.00
127
19. DEPENDENTS
--People you support who live in
your house (usually children under
18 or full-time students).
http://startupblog.files.wordpress.com/2008/01/manila-envelope.jpg
My Financial Records
January – December,
2017
Save copies of your tax forms in your financial
records for seven years.
Put papers about your
insurance
pay stubs
retirement/401-K
credit card
bank
car
in your Financial Records, too.
Must Students File Tax Returns by April
15?
YES if your income was over
$5,700.00 and if you earned
more than $950.00 in interest.
NO if your paycheck is under
$5,700.00 and you earned
under $950 in interest.
Filing Requirement Worksheet for Most Dependents
1. Enter dependent's earned income plus
$300
2. Minimum amount $950
3. Compare lines 1 and 2. Enter larger amt
4. Maximum amount 5700
5. Compare lines 3 and 4. Enter smaller
amount
6. Enter the dependent's gross (total) income.
If line 6 is more than line 5, the dependent
must file an income tax return.
Are you exempt from paying taxes?
You do not have to pay taxes if…
…you weren’t required to pay federal income tax last year;
…you earn under $5700;
…you are younger than 19 or a full-time student (you are a dependent).
130
http://www.clipartpal.com/_thumbs/pd/holiday/halloween/man_screaming.png
131
I can’t fill out these tax
forms! I need help!
I can’t fill out these tax
forms! I need help!
http://cdn.sheknows.com/articles/woman-with-accountant.jpg
132
I can help you. I’m an
accountant. If you bring me
your tax forms, I can help you
file your income taxes and
answer all of your tax
questions.
I can help you. I’m an
accountant. If you bring me
your tax forms, I can help you
file your income taxes and
answer all of your tax
questions.
20. ACCOUNTANT
--a tax expert you pay to help you
with tax forms.
133
134
I’m an accounting student.
Call my college and make an
appointment.
I will help you for free.
I’m an accounting student.
Call my college and make an
appointment.
I will help you for free.
135
I’m an accounting student.
Call my college and make an
appointment.
I will help you for free.
I’m an accounting student.
Call my college and make an
appointment.
I will help you for free.
Deductions
You can lower your taxes if you add information on
your return about…
…state and local taxes
…gifts to charity
…work expenses (travel, uniforms, education)
136
21. Deductions
--Things you pay for that you list on a tax form.
Listing deductions will lower your taxes.
Am I Required to File a Tax Return?
• John Garcia, 18,
earned $4200
working at the
local library and
was paid $210 in
interest from his
bank savings
account.
Filing Requirement Worksheet for Most Dependents
1. Enter dependent's earned income plus $300
2. Minimum amount $950
3. Compare lines 1 and 2. Enter larger amt
4. Maximum amount 570 0
5. Compare lines 3 and 4. Enter smaller amount
6. Enter the dependent's gross (total) income.
If line 6 is more than line 5, the dependent must file
an income tax return.
Am I Required to File a Tax Return?
• Jill Williams, 18, had
two jobs during the
past year. She worked
as a waitress at La
Fogata, where she
earned $6800 and as a
summer counselor,
where she earned
$2400. Jill also made
$75 in interest from
her savings account.
Filing Requirement Worksheet for Most Dependents
1. Enter dependent's earned income plus $300
2. Minimum amount $950
3. Compare lines 1 and 2. Enter larger amt
4. Maximum amount 5700
5. Compare lines 3 and 4. Enter smaller amount
6. Enter the dependent's gross (total) income.
If line 6 is more than line 5, the dependent must
file an income tax return.
Do I have to file return WS
Did You Know…
…about 90% of high school students earn about $7.05 per hour?
…about 1/3 of high school students work 40 hours per week in
summer?
…about 25% of high school students work 35+ hours per week
during the school year?
…that many teens save $1000 of summer wages?
Many young people have the right to receive tax
refunds.
140
21. TAX REFUND
--Money paid back to you.
Sometimes people pay too much income tax. The
IRS must pay back your money.
I don’t feel
like paying
taxes!
I don’t feel
like paying
taxes!
PAYING TAXES IS THE
LAW.
143
What happens
if I don’t pay?
What happens
if I don’t pay?
144
Don’t be a tax evader!
22. TAX EVADERS
--People who don't pay taxes. When
they are caught, they are punished
with extra taxes and time in jail.
Where Does Your Money GO?
Year 2000 – in millions of dollars
National Defense 293,857
Social Security 247,384
Interest on National Debt 223,226
Medicare 197,115
Health 154,215
Other
Total Outlays 1,788,140
145
146
http://your-income-accelerator.info/tax-repayment/
Don’t forget:
April 15 is Tax Day.
April 15 is Tax Day
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year.
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year
1099 INT Form --shows how much interest you earned.
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year
1099 INT Form --shows how much interest you earned
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax
payroll secretary --a worker who follows rules to remove taxes from your paycheck
withhold --take out taxes from your paycheck
W-4 Form --shows how much tax is withheld from your paycheck
exempt --excused from paying taxes
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year
1099 INT Form --shows how much interest you earned
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year
1099 INT Form --shows how much interest you earned
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year
1099 INT Form --shows how much interest you earned
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or email your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year
1099 INT Form --shows how much interest you earned
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
income --all of the money you earn
taxes --money that pays for government services
April 15 --Pay federal income taxes every year, on or before April 15.
file your taxes --Mail or eMail your tax forms.
IRS --The Internal Revenue Services collects income taxes for the federal government.
income tax --money you must pay the federal government from your paycheck
tax forms --Fill out papers called tax forms and send them to the IRS.
tax refund --money paid back to you if you paid too much tax.
payroll secretary --a worker who follows rules to remove taxes from your paycheck.
withhold --take out taxes from your paycheck.
W-4 Form --shows how much tax is withheld from your paycheck.
exempt --excused from paying taxes.
pay stub -- attached to your paycheck. It shows tax subtracted from your income.
W-2 Form --shows how much tax you paid last year
1099 INT Form --shows how much interest you earned
I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay
dependents --people you support
accountant --a tax expert you pay to help you
deductions --things you pay for that you list on a tax form
tax evaders --people who don't pay taxes who are punished
In January, the payroll secretary will give you a W-2 form.
The W-2 shows how much taxes were deducted from your paycheck.
In January, the payroll secretary will give you a W-2 form.
The W-2 shows how much taxes were deducted from your paycheck.
223-45-6789
10-98765
ABC Food Market
100 East Washington Avenue
Philadelphia, PA 19112
Alexander Simpson
2439 North Third Street
Philadelphia, PA 19117
PA 20-0000000 $36,20.00 $2,482.12
$36,206.00 $4,452.00
$36,206.00 $1,520.65
$36,206.00 $ 521.36
W-2 FORM
--The payroll secretary will give you this form. It shows how much tax you paid last year.
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19112
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19112
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19112
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19112
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19112
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19112
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Banks pay you
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Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Banks pay you
to
save
m
oney.
Banks pay you
to
save
m
oney.
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Banks pay you
to
save
m
oney.
Banks pay you
to
save
m
oney.
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
975.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
194
195
196
197
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
203
2042014
2052014
206
2014
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
0
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
0
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
0
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
Alexander Simpson 4-15-15 Pastry Chef
215-248-8888
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
0
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
Alexander Simpson 4-15-17 Pastry Chef
215-248-8888
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
0
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
Alexander Simpson 4-15-17 Pastry Chef
215-248-8888
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
0
3,536.00
916.00
$9,750
Alexander Simpson
223-45-6789
none
2439 North Third Street
Philadelphia PA 19117
X
Alexander Simpson 4-15-17 Pastry Chef
215-248-8888
36,206.00
43.00
0
36,249.00
9,750.00
26,499.00
4,452.00
4,452.00
3,536.00
0
3,536.00
916.00
$9,750
What Do You Know about Income Taxes?
1. ______ , ______ and _________ mean money you earn from your job.
2. __________________ are money used to pay for government..
3. Everyone must pay taxes by ___________________.
4. We must pay taxes to ________, __________ and _________ levels of government.
5. The ________ ______ _____ (____) collects taxes for the US Federal government.
6. The ____________ ____________ suggests our budget for government spending..
7. ______________________ must approve the President’s budget.
8. Your payroll secretary helps you pay taxes when you fill out a __________________.
9. A ______________ shows how much taxes you pay every time you get a paycheck..
10. ______ pay is your pay before taxes; ____ pay is your pay after taxes are deducted.
11. A ____________ shows how much taxes you pay for one year.
12. Use your W2 Form to _____________________ that you paid your taxes.
13. The people who live with you that you care for are your _________________.
14. Save your tax papers for __________________ years.
15. _______________________ can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a _______________.
17. Tax _____________________ go to jail.
18. Nobody _______________ to pay taxes.
What Do You Know about Income Taxes?
1. Income , salar and payche ckmean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget.
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income , salaryand paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.
What Do You Know about Income Taxes?
1. Income, salary and paycheck mean money you earn from your job.
2. Taxes are money used to pay for government.
3. Everyone must pay taxes by April 15.
4. We must pay taxes to Local, State and Federal levels of government.
5. The Internal Revenue Service (IRS) collects taxes for the US Federal government.
6. The White House suggests our budget for government spending.
7. Congress must approve the President’s budget .
8. Your payroll secretary helps you pay taxes when you fill out a W4 Form.
9. A pay stub shows how much taxes you pay every time you get a paycheck.
10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted.
11. A W2 Form shows how much taxes you pay for one year.
12. Use your W2 Form to prove that you paid your taxes.
13.The people who live with you that you care for are your dependents.
14. Save your tax papers for seven years.
15. Accountants can help you fill out tax forms.
16. If you paid too much tax, the IRS must send you a refund.
17. Tax evaders go to jail.
18. Nobody likes to pay taxes.

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Tax Day

  • 2.
  • 3. income taxes April 15 file your taxes IRS income tax tax forms tax refund payroll secretary withhold W-4 Form exempt pay stub W-2 Form 1099 INT Form I040 EZ Tax Return Form dependents accountant deductions tax evaders
  • 5. http://womeninbiz.sbresources.com/blog/images/money-into-air-image.jpg It is wonderful to earn an income! 2. INCOME --all of the money you earn is income (salary or paycheck). Income also includes interest you earn from saving your money and winning the Lottery. Everybody loves getting a paycheck.
  • 6. In this world, nothing is certain except death and taxes. Everybody hates paying taxes.
  • 7. Learn about paying taxes. 7 3. TAXES --money that pays for government services.
  • 8. I don't feel like paying taxes! I don't feel like paying taxes!
  • 9. PAYING TAXES IS THE LAW.
  • 10. 10 What happens if I don’t pay? What happens if I don’t pay?
  • 11. April 15 April 15 is Tax Day 4. APRIL 15 --You must pay federal income taxes every year, on or before April 15.
  • 12.
  • 13.
  • 14.
  • 15.
  • 18. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 19. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 20. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 21. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 22. There are three levels of government... …and three levels of taxes. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 23. There are three levels of government... …and three levels of taxes. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 24. There are three levels of government... …and three levels of taxes. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 25. There are three levels of government... …and three levels of taxes. Local (or City) Government State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 26. There are three levels of government... …and three levels of taxes. Local (or City) Government --Philadelphia City Wage Tax State Government Federal Government There are three levels of government... …and three levels of taxes.
  • 27. There are three levels of government... …and three levels of taxes. Local (or City) Government --Philadelphia City Wage Tax State Government --Pennsylvania State Income Tax Federal Government There are three levels of government... …and three levels of taxes.
  • 28. There are three levels of government... …and three levels of taxes. Local (or City) Government --Philadelphia City Wage Tax State Government –Pennsylvania State Income Tax Federal Government --Federal Income Tax There are three levels of government... …and three levels of taxes.
  • 29. Local (or City) Government --Philadelphia City Wage Tax State Government –Pennsylvania State Income Tax Federal Government --Federal Income Tax There are three levels of government... …and three levels of taxes.
  • 30.
  • 31. People pay taxes to the government.
  • 32. People pay taxes to the government.
  • 33. Department of the Treasury Internal Revenue Service People pay taxes to the government.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47.
  • 48.
  • 49.
  • 50.
  • 51.
  • 52.
  • 53.
  • 60.
  • 67. Some government services: clean water libraries trash pickup
  • 68. Some government services: clean water libraries trash pickup food stamps
  • 69. Some government services: clean water libraries trash pickup food stampsfire fighters
  • 70. Some government services: clean water libraries trash pickup food stamps street lamps fire fighters
  • 71. Some government services: fire fighters food stamps street lamps trash pickup clean water libraries military
  • 72.
  • 73.
  • 74. 74 6. IRS --The Internal Revenue Services collects income taxes for the federal government. The IRS: Internal Revenue Service. The IRS is the federal government office in Washington, D.C. responsible for collecting taxes. Send your taxes to the IRS.
  • 75. Everyone must pay income tax to the IRS. 75 7. INCOME TAX --money you must pay the federal government from your paycheck.
  • 76. It is important to understand tax rules. You must fill out tax forms. 76 8. TAX FORMS --You must fill out papers called tax forms and send them to the IRS.
  • 77. 77 Congratulations! You started your new job! Meet the payroll secretary.
  • 78. http://www.nccchurch.org/images/Secretary.png I am the payroll secretary. When you start a new job, I will give you many forms. I also help you pay your income tax. 10. The PAYROLL SECRETARY --The payroll secretary follows rules to remove taxes from your paycheck.
  • 80. 80 What is a W-4 Form?
  • 81. What is a W-4 Form? • New workers fill out this form. • The W-4 Form shows the payroll secretary how much federal income tax to withhold from your paycheck. 81 11. WITHHOLD --Take out taxes from your paycheck.
  • 82. • New workers fill out this form. • The W-4 Form shows the payroll secretary how much federal income tax to withhold from your paycheck 82 What is a W-4 Form? 17
  • 83. • New workers fill out this form. • The W-4 Form shows the payroll secretary how much federal income tax to withhold from your paycheck 83 What is a W-4 Form? 17
  • 84. • New workers fill out this form. • The W-4 Form shows the payroll secretary how much federal income tax to withhold from your paycheck 84 What is a W-4 Form? 17
  • 85. • New workers fill out this form. • The W-4 Form shows the payroll secretary how much federal income tax to withhold from your paycheck 85 What is a W-4 Form? 17
  • 86. • New workers fill out this form. • The W-4 Form shows the payroll secretary how much federal income tax to withhold from your paycheck 86 What is a W-4 Form? 17
  • 87. • New workers fill out this form. • The W-4 Form shows the payroll secretary how much federal income tax to withhold from your paycheck 87 12. W-4 FORM --Fill out this form to show how much tax you want withheld from your paycheck. What is a W-4 Form? 17
  • 88. Students or teenagers who work part-time may be exempt, or excused, from paying taxes. 88 13. EXEMPT --If you work part time or if you are a student, you may be excused from paying taxes. 17
  • 89. Your paycheck is attached to a statement called a pay stub. Your pay stub shows your earnings and your tax deductions. 14. PAY STUB --A paper that is attached to your paycheck. It shows how much tax is subtracted from your income. 09-15-16
  • 90. http://www.nccchurch.org/images/Secretary.png In January, I will give you a different form. This is your W-2 form. Save it for Tax Day.
  • 91. 91 What is a W-2 Form?
  • 92. 201
  • 93. In January, the payroll secretary will give you a W-2 form. The W-2 shows how much taxes were deducted from your paycheck last year. 201 15. W-2 FORM --The payroll secretary will give you this form. It shows how much tax you paid last year.
  • 94. In January, the payroll secretary will give you a W-2 form. The W-2 shows how much taxes were deducted from your paycheck last year. 201201
  • 95. In January, the payroll secretary will give you a W-2 form. The W-2 shows how much taxes were deducted from your paycheck last year. 201
  • 96. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 PHILA 201 7
  • 97. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 PHILA 201 7
  • 98. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much in taxes did she pay for the year? PHILA 201 7
  • 99. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much in taxes did she pay for the year? PHILA 201 7
  • 100. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much in taxes did she pay for the year? PHILA 201 7
  • 101. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much in taxes did she pay for the year? PHILA 201 7
  • 102. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much in taxes did she pay for the year? PHILA 201 7
  • 103. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much in taxes did she pay for the year? PHILA 201 7
  • 104. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 201 7
  • 105. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 201 7
  • 106. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 6835.00 201 7
  • 107. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 6835.00 201 7
  • 108. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 3100.00 201 7
  • 109. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 3100.00 201 7
  • 110. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 725.00 201 7
  • 111. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 725.00 201 7
  • 112. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 1535.00 201 7
  • 113. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 1535.00 201 7
  • 114. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 750.00 201 7
  • 115. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 750.00 201 7
  • 116. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 12945.00 201 7
  • 117. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 2016 The W-2 Form shows that this taxpayer last year paid the government Federal income tax, Social Security tax and Medicare tax. She paid State and Local (city) taxes, too. How much tax did she pay last year? PHILA 6835.00 12945.00 201 7
  • 118. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 April 15 is the deadline to pay taxes on your income. Your W-2 proves you already paid most of your taxes last year. You will not have to pay these taxes again. 2016201 7
  • 119. Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 W-2 WAGE AND TAX STATEMENT 2016 Alexia Felder 110 State Street Philadelphia, PA 19136 Philadelphia Film Office 1302 Market Street Philadelphia, PA 19104 April 15 is the deadline to pay taxes on your income. Your W-2 proves you already paid most of your taxes last year. You will not have to pay these taxes again. 2016201 7
  • 120. The W-2 Form shows… …how much income you earned last year. …how much taxes you paid last year. Your boss must give you your W-2 Form by January 31st. Use it to help fill out your tax return. Is there a mistake? Tell your boss or the payroll secretary. 120
  • 121. http://www.nccchurch.org/images/Secretary.png Please check your W-2 form. Maybe I made a mistake. Remember to tell me so I can fix it.
  • 122. 16. 1099 INT FORM --This form shows how much interest you earned. Interest is income. You must pay tax on it. Attach the W-4 Form to the 1040 EZ. Then, send it to the IRS. If you save money in the bank, you will earn interest. Sorry, but interest in income, too. You must pay some taxes on it. Your bank will send you this 1099 INT Form to prove how much interest you earned. 17
  • 123. Before April 15, use your W-2 Form and your 1099 Form to help you fill out your Tax Return. 2017
  • 124. Before April 15, use your W-2 Form and your 1099 Form to help you fill out your Tax Return. 17. 1040 EZ TAX RETURN FORM --You must fill out this form every year to prove how much income tax you must pay. Attach the W-4 Form. Then, send it to the IRS. 2017 You pay taxes for last year.
  • 125. Before April 15, use your W-2 Form and your 1099 Form to help you fill out your Tax Return. 17. 1040 EZ TAX RETURN FORM --You must fill out this form every year to prove how much income tax you must pay. Attach the W-4 Form. Then, send it to the IRS. 2017
  • 126. Before April 15, use your W-2 Form and your 1099 Form to help you fill out your Tax Return. 18. 1040 EZ TAX RETURN FORM --You must fill out this form every year to prove how much income tax you must pay. Attach the W-4 Form. Then, send it to the IRS. 2017
  • 127. How do I file the 1040-EZ Form? This is an ‘easy’ form to use. You must… …be single …have no dependents …earn income under $100,000.00. …earn interest under $1500.00 127 19. DEPENDENTS --People you support who live in your house (usually children under 18 or full-time students).
  • 128. http://startupblog.files.wordpress.com/2008/01/manila-envelope.jpg My Financial Records January – December, 2017 Save copies of your tax forms in your financial records for seven years. Put papers about your insurance pay stubs retirement/401-K credit card bank car in your Financial Records, too.
  • 129. Must Students File Tax Returns by April 15? YES if your income was over $5,700.00 and if you earned more than $950.00 in interest. NO if your paycheck is under $5,700.00 and you earned under $950 in interest. Filing Requirement Worksheet for Most Dependents 1. Enter dependent's earned income plus $300 2. Minimum amount $950 3. Compare lines 1 and 2. Enter larger amt 4. Maximum amount 5700 5. Compare lines 3 and 4. Enter smaller amount 6. Enter the dependent's gross (total) income. If line 6 is more than line 5, the dependent must file an income tax return.
  • 130. Are you exempt from paying taxes? You do not have to pay taxes if… …you weren’t required to pay federal income tax last year; …you earn under $5700; …you are younger than 19 or a full-time student (you are a dependent). 130
  • 131. http://www.clipartpal.com/_thumbs/pd/holiday/halloween/man_screaming.png 131 I can’t fill out these tax forms! I need help! I can’t fill out these tax forms! I need help!
  • 132. http://cdn.sheknows.com/articles/woman-with-accountant.jpg 132 I can help you. I’m an accountant. If you bring me your tax forms, I can help you file your income taxes and answer all of your tax questions. I can help you. I’m an accountant. If you bring me your tax forms, I can help you file your income taxes and answer all of your tax questions. 20. ACCOUNTANT --a tax expert you pay to help you with tax forms.
  • 133. 133
  • 134. 134 I’m an accounting student. Call my college and make an appointment. I will help you for free. I’m an accounting student. Call my college and make an appointment. I will help you for free.
  • 135. 135 I’m an accounting student. Call my college and make an appointment. I will help you for free. I’m an accounting student. Call my college and make an appointment. I will help you for free.
  • 136. Deductions You can lower your taxes if you add information on your return about… …state and local taxes …gifts to charity …work expenses (travel, uniforms, education) 136 21. Deductions --Things you pay for that you list on a tax form. Listing deductions will lower your taxes.
  • 137. Am I Required to File a Tax Return? • John Garcia, 18, earned $4200 working at the local library and was paid $210 in interest from his bank savings account. Filing Requirement Worksheet for Most Dependents 1. Enter dependent's earned income plus $300 2. Minimum amount $950 3. Compare lines 1 and 2. Enter larger amt 4. Maximum amount 570 0 5. Compare lines 3 and 4. Enter smaller amount 6. Enter the dependent's gross (total) income. If line 6 is more than line 5, the dependent must file an income tax return.
  • 138. Am I Required to File a Tax Return? • Jill Williams, 18, had two jobs during the past year. She worked as a waitress at La Fogata, where she earned $6800 and as a summer counselor, where she earned $2400. Jill also made $75 in interest from her savings account. Filing Requirement Worksheet for Most Dependents 1. Enter dependent's earned income plus $300 2. Minimum amount $950 3. Compare lines 1 and 2. Enter larger amt 4. Maximum amount 5700 5. Compare lines 3 and 4. Enter smaller amount 6. Enter the dependent's gross (total) income. If line 6 is more than line 5, the dependent must file an income tax return. Do I have to file return WS
  • 139. Did You Know… …about 90% of high school students earn about $7.05 per hour? …about 1/3 of high school students work 40 hours per week in summer? …about 25% of high school students work 35+ hours per week during the school year? …that many teens save $1000 of summer wages?
  • 140. Many young people have the right to receive tax refunds. 140 21. TAX REFUND --Money paid back to you. Sometimes people pay too much income tax. The IRS must pay back your money.
  • 141. I don’t feel like paying taxes! I don’t feel like paying taxes!
  • 142. PAYING TAXES IS THE LAW.
  • 143. 143 What happens if I don’t pay? What happens if I don’t pay?
  • 144. 144 Don’t be a tax evader! 22. TAX EVADERS --People who don't pay taxes. When they are caught, they are punished with extra taxes and time in jail.
  • 145. Where Does Your Money GO? Year 2000 – in millions of dollars National Defense 293,857 Social Security 247,384 Interest on National Debt 223,226 Medicare 197,115 Health 154,215 Other Total Outlays 1,788,140 145
  • 147. Don’t forget: April 15 is Tax Day. April 15 is Tax Day
  • 148. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 149. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 150. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 151. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 152. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 153. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 154. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 155. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 156. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 157. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 158. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 159. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 160. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 161. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year. 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 162. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year 1099 INT Form --shows how much interest you earned. I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 163. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year 1099 INT Form --shows how much interest you earned I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 164. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax payroll secretary --a worker who follows rules to remove taxes from your paycheck withhold --take out taxes from your paycheck W-4 Form --shows how much tax is withheld from your paycheck exempt --excused from paying taxes pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year 1099 INT Form --shows how much interest you earned I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 165. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year 1099 INT Form --shows how much interest you earned I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 166. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year 1099 INT Form --shows how much interest you earned I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 167. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or email your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year 1099 INT Form --shows how much interest you earned I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 168. income --all of the money you earn taxes --money that pays for government services April 15 --Pay federal income taxes every year, on or before April 15. file your taxes --Mail or eMail your tax forms. IRS --The Internal Revenue Services collects income taxes for the federal government. income tax --money you must pay the federal government from your paycheck tax forms --Fill out papers called tax forms and send them to the IRS. tax refund --money paid back to you if you paid too much tax. payroll secretary --a worker who follows rules to remove taxes from your paycheck. withhold --take out taxes from your paycheck. W-4 Form --shows how much tax is withheld from your paycheck. exempt --excused from paying taxes. pay stub -- attached to your paycheck. It shows tax subtracted from your income. W-2 Form --shows how much tax you paid last year 1099 INT Form --shows how much interest you earned I040 EZ Tax Return Form --fill out this form to prove how much income tax you must pay dependents --people you support accountant --a tax expert you pay to help you deductions --things you pay for that you list on a tax form tax evaders --people who don't pay taxes who are punished
  • 169. In January, the payroll secretary will give you a W-2 form. The W-2 shows how much taxes were deducted from your paycheck.
  • 170. In January, the payroll secretary will give you a W-2 form. The W-2 shows how much taxes were deducted from your paycheck. 223-45-6789 10-98765 ABC Food Market 100 East Washington Avenue Philadelphia, PA 19112 Alexander Simpson 2439 North Third Street Philadelphia, PA 19117 PA 20-0000000 $36,20.00 $2,482.12 $36,206.00 $4,452.00 $36,206.00 $1,520.65 $36,206.00 $ 521.36 W-2 FORM --The payroll secretary will give you this form. It shows how much tax you paid last year.
  • 171. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19112 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 172. $9,750
  • 173. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19112 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 174. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19112 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 175. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19112 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 176. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19112 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 177. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19112 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 178. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 179. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 180. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 181. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 182. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750 Banks pay you to save m oney. Banks pay you to save m oney.
  • 183. 183 2 0 1 4 % ! A le xa n d e r!Sim p so n ! ! 2 4 3 9 !N o rt h !3 rd !St re e t ! ! P h ila d e lp h ia ,!P A !!1 9 1 1 7 ! Lin co ln !B a n k !o f!P h ila d e lp h ia ! 1 5 0 0 !B ro a d !St re e t ! P h ila d e lp h ia ,!P A !!1 9 1 1 0 1 ! ! 2 6 0 0 0 0 C1 2 !!!!!!!!!!!!!!!!!!!!!!x x xCx x C6 7 8 9 ! 4 3 .0 0 ! 2 0 1 4 % ! A le x a n d e r!Sim p so n ! ! 2 4 3 9 !N o rt h !3 rd !St re e t ! ! P h ila d e lp h ia ,!P A !!1 9 1 1 7 ! Lin co ln !B a n k !o f!P h ila d e lp h ia ! 1 5 0 0 !B ro a d !St re e t ! P h ila d e lp h ia ,!P A !!1 9 1 1 0 1 ! ! 2 6 0 0 0 0 C1 2 !!!!!!!!!!!!!!!!!!!!!!x xx Cx xC6 7 8 9 ! 4 3 .0 0 ! 0 0
  • 184. 184 2 0 1 4 % ! A le xa n d e r!Sim p so n ! ! 2 4 3 9 !N o rt h !3 rd !St re e t ! ! P h ila d e lp h ia ,!P A !!1 9 1 1 7 ! Lin co ln !B a n k !o f!P h ila d e lp h ia ! 1 5 0 0 !B ro a d !St re e t ! P h ila d e lp h ia ,!P A !!1 9 1 1 0 1 ! ! 2 6 0 0 0 0 C1 2 !!!!!!!!!!!!!!!!!!!!!!x x xCx x C6 7 8 9 ! 4 3 .0 0 ! 2 0 1 4 % ! A le x a n d e r!Sim p so n ! ! 2 4 3 9 !N o rt h !3 rd !St re e t ! ! P h ila d e lp h ia ,!P A !!1 9 1 1 7 ! Lin co ln !B a n k !o f!P h ila d e lp h ia ! 1 5 0 0 !B ro a d !St re e t ! P h ila d e lp h ia ,!P A !!1 9 1 1 0 1 ! ! 2 6 0 0 0 0 C1 2 !!!!!!!!!!!!!!!!!!!!!!x xx Cx xC6 7 8 9 ! 4 3 .0 0 ! 0 0
  • 185. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750 Banks pay you to save m oney. Banks pay you to save m oney.
  • 186. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750 Banks pay you to save m oney. Banks pay you to save m oney.
  • 187. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 188. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 189. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 190. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 191. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 192. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 975.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 193. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 194. 194
  • 195. 195
  • 196. 196
  • 197. 197
  • 198. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 199. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 200. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 201. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 202. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 203. 203
  • 207. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 916.00 $9,750
  • 208. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 0 3,536.00 916.00 $9,750
  • 209. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 0 3,536.00 916.00 $9,750
  • 210. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 0 3,536.00 916.00 $9,750
  • 211. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X Alexander Simpson 4-15-15 Pastry Chef 215-248-8888 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 0 3,536.00 916.00 $9,750
  • 212. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X Alexander Simpson 4-15-17 Pastry Chef 215-248-8888 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 0 3,536.00 916.00 $9,750
  • 213. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X Alexander Simpson 4-15-17 Pastry Chef 215-248-8888 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 0 3,536.00 916.00 $9,750
  • 214. Alexander Simpson 223-45-6789 none 2439 North Third Street Philadelphia PA 19117 X Alexander Simpson 4-15-17 Pastry Chef 215-248-8888 36,206.00 43.00 0 36,249.00 9,750.00 26,499.00 4,452.00 4,452.00 3,536.00 0 3,536.00 916.00 $9,750
  • 215. What Do You Know about Income Taxes? 1. ______ , ______ and _________ mean money you earn from your job. 2. __________________ are money used to pay for government.. 3. Everyone must pay taxes by ___________________. 4. We must pay taxes to ________, __________ and _________ levels of government. 5. The ________ ______ _____ (____) collects taxes for the US Federal government. 6. The ____________ ____________ suggests our budget for government spending.. 7. ______________________ must approve the President’s budget. 8. Your payroll secretary helps you pay taxes when you fill out a __________________. 9. A ______________ shows how much taxes you pay every time you get a paycheck.. 10. ______ pay is your pay before taxes; ____ pay is your pay after taxes are deducted. 11. A ____________ shows how much taxes you pay for one year. 12. Use your W2 Form to _____________________ that you paid your taxes. 13. The people who live with you that you care for are your _________________. 14. Save your tax papers for __________________ years. 15. _______________________ can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a _______________. 17. Tax _____________________ go to jail. 18. Nobody _______________ to pay taxes.
  • 216. What Do You Know about Income Taxes? 1. Income , salar and payche ckmean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget. 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 217. What Do You Know about Income Taxes? 1. Income , salaryand paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 218. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 219. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 220. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 221. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 222. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 223. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 224. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 225. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 226. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 227. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 228. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 229. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 230. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 231. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 232. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 233. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 234. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 235. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 236. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 237. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 238. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 239. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.
  • 240. What Do You Know about Income Taxes? 1. Income, salary and paycheck mean money you earn from your job. 2. Taxes are money used to pay for government. 3. Everyone must pay taxes by April 15. 4. We must pay taxes to Local, State and Federal levels of government. 5. The Internal Revenue Service (IRS) collects taxes for the US Federal government. 6. The White House suggests our budget for government spending. 7. Congress must approve the President’s budget . 8. Your payroll secretary helps you pay taxes when you fill out a W4 Form. 9. A pay stub shows how much taxes you pay every time you get a paycheck. 10. Gross pay is your pay before taxes; net pay is your pay after taxes are deducted. 11. A W2 Form shows how much taxes you pay for one year. 12. Use your W2 Form to prove that you paid your taxes. 13.The people who live with you that you care for are your dependents. 14. Save your tax papers for seven years. 15. Accountants can help you fill out tax forms. 16. If you paid too much tax, the IRS must send you a refund. 17. Tax evaders go to jail. 18. Nobody likes to pay taxes.

Editor's Notes

  1. Chapter 6 P 15
  2. Chapter 6 P 15
  3. Chapter 1
  4. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  5. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  6. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  7. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  8. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  9. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  10. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  11. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html Hand out a sample W-4 (will later fill out) – SEE p 59 in text for copy of form!
  12. W4 Quiz
  13. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html
  14. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html
  15. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html
  16. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html
  17. P 12 – see sample on next slide
  18. P 52
  19. P 52
  20. P 52
  21. P 52
  22. Chapter 7 P 18
  23. irs.gov website Publication 17 Do Activity P 14
  24. P4 2005: See line 40 on 1040 form in box for sgl/married std deduction or irs.gov website Publication 17
  25. P 26 Chap 7 review 1040 EZ quiz
  26. P 26 Chap 7 review 1040 EZ quiz
  27. http://www.fullcoll.edu/department-templates/type1-1/about.htmlP 26 Chap 7 review 1040 EZ quiz
  28. http://www.fullcoll.edu/department-templates/type1-1/about.htmlP 26 Chap 7 review 1040 EZ quiz
  29. http://www.fullcoll.edu/department-templates/type1-1/about.htmlP 26 Chap 7 review 1040 EZ quiz
  30. P 46 - 50
  31. Chapter 1
  32. Chapter 6 P 15
  33. Chapter 6 P 15
  34. Chapter 6 P 15
  35. P 26 Chap 7 review 1040 EZ quiz
  36. Chapter 1
  37. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html
  38. http://www.irs.ustreas.gov/formspubs/lists/0,,id=97817,00.html
  39. P 52
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