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Financial Literacy Review - Part 4 - Careers

AB
CAREERS W2 form is filled out by your ________ and sent to you by your ________.employer, employer
CAREERS FICA taxes are made up of which two taxes?social security and medicare
CAREERS The ___________ is a federal tax form that calculates whether you owe additional tax or are due a refund1040EZ
CAREERS The ____________ is a form employees receive that details their previous year's gross earning and taxes withheld from their paychecks.W-2
CAREERS The __________ form determines the number of allowances you will claim on your taxes.W-4
CAREERS Taxes are paid to the ________________.federal, state, and local governments
CAREERS Which type of tax is based on the value of a property?real estate tax
CAREERS One strategy to use to reduce the amount of taxes that you owe is to contribute to a _______________.retirement plan


Business Teacher
Wichita High School South

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