Taxes

Description

Senior Year Personal Finance Tax Questions
Jenna Hamilton
Quiz by Jenna Hamilton, updated more than 1 year ago
Jenna Hamilton
Created by Jenna Hamilton about 9 years ago
40
0

Resource summary

Question 1

Question
Every person in the United States pay taxes
Answer
  • True
  • False

Question 2

Question
Taxes only provide benefits in the United States to a select group of people living i the United States
Answer
  • True
  • False

Question 3

Question
The fee paid to license an automobile is a form of tax
Answer
  • True
  • False

Question 4

Question
If you were to claim your daughter who is a full-time college student as a dependent, she CANNOT claim her own personal exemption when she files her return?
Answer
  • True
  • False

Question 5

Question
You CAN receive a tax refund if you are currently making payments under an installment agreement or payment plan for a prior year's federal taxes?
Answer
  • True
  • False

Question 6

Question
There is not an age limit on claiming your child as a dependent
Answer
  • True
  • False

Question 7

Question
Unemployed benefits are taxable
Answer
  • True
  • False

Question 8

Question
You can claim an additional $1000 credit for each dependent child under the age of17 if you meet income and support tests.
Answer
  • True
  • False
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