Taxes

1. HOW TO FILE YOUR
TAXES
Standard – Education, Careers, Income
Target
• Describe factors affecting take-home pay
such as tax withholding, benefits, and plan
payroll deductions.
Objectives
• Identify items they need to prepare their tax
return
• Explain the different ways they can file their
taxes
• Understand the purpose of a W-2 form and
how to use it to file their taxes
• Explain how to make a tax payment if taxes
are owed

2. WHAT METHOD DO YOU
THINK MOST GEN Z
(AGES 18-24) PREFER TO
USE WHEN FILING THEIR
TAXES? WHY?

3. TAX PREPARATION
CHECKLIST FOR
TEENS
WHAT DO YOU NEED
TO FILE YOUR
TAXES?

4. WAYS TO FILE YOUR TAXES
LIST THE PROS & CONS
OLD FASHIONED METHOD
TAX-PREPARATION SOFTWARE
PROFESSIONAL TAX PREPARERS
VIEW THE VIDEO BELOW
& RESEARCH THE INTERNET
Schoology
How To File Your Taxes
How To File Your Taxes

5. WHAT IS
A W-2
FORM
ANYWAY
Click to watch “What’s a
W-2 Form” video
In this activity, you will
explore a W-2 in more
detail to understand its
various components.

6. FORM W-2
LABEL

7. THE FINE PRINT W-2
FORM
EXPLORE A W-2 IN
DETAIL
ANSWER THE
QUESTIONS USING
THE SAMPLE W-2

8. WAYS TO MAKE A TAX PAYMENT

10. 5 THINGS YOU SHOULD KNOW ABOUT FILING STATE INCOME TAXES
IN ADDITION TO FILING YOUR FEDERAL TAX RETURN, YOU MAY ALSO NEED TO FILE A SEPARATE
STATE TAX RETURN!
READ THIS ARTICLE
HTTPS://WWW.CREDITKARMA.COM/TAX/I/FILING -STATE-INCOME-TAXES
TO DETERMINE WHETHER OR NOT YOU NEED TO FILE STATE TAXES, AND IF SO, HOW YOU GO
ABOUT IT.

11. EXIT TICKET
What information does the W-2 form
provide
True or False: You need a W-2 form
only for filing your federal taxes, not
your state taxes.
Identify one advantage of using tax
filing software to file your taxes.
Say you start a new job running the
fryer at Bushel of Burgers. Which form
will you receive first from your
employer -- a W-2 or a W-4?