Credit Card Game Play “It costs what?” swhat.html.

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Credit Card Game Play “It costs what?” swhat.html

Student Credit Card Offers students.phphttp:// students.php 16-S001-7-great-credit-cards-for-students- and-young-adults/index.htmlhttp:// 16-S001-7-great-credit-cards-for-students- and-young-adults/index.html cards/ cards/

IRS Tax Tutorials – The How’s of taxes student/hows.jsp Complete lessons 1, 2, 10 and 14 – try out the Tax Tutorial, Simulation and Assessment. Finish with a skill check.

The Why’s of Taxes dent/whys.jsphttp://apps.irs.gov/app/understandingTaxes/stu dent/whys.jsp Complete the following lessons: Theme 4, Lesson 1 Theme 6, Lessons 2 and 3

IRS: Tax calculator Go to the following 2 websites: OR and select a potential job that you would eventually like to have. Use the Annual average wage/salary to calculate how much you would have to pay in taxes with that job using the link below. (Answer on the back of this sheet or on a separate sheet of paper)

Scenario 1: Single person Rent: $1,000/month Food: $250/month Transportation (car payment, gas, insurance): $350/month Utilities (gas, heat, electricity): $200/month Phone, Internet: $100/month Other: $___/month Calculate how much you will need to earn per year to cover all of your expenses after taxes. What is that amount? (Write your answers on the back of this sheet or on a separate sheet of paper)