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Taxation Personal Finance – Ch 9
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Types of Tax Payroll Tax Sales Tax Real Estate Tax Gasoline Tax
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Payroll Taxes Tax Deductions Voluntary Deductions Federal State
Local/City FICA Voluntary Deductions Health Care Retirement Union Dues Tithing/Charitable Contributions
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1040 Form PDF of 1040 form
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Tax Forms W-4 I-9 W-2 1040 1040EZ
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W4 W-4 Withholding allowances
Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay. Consider completing a new Form W-4 each year and when your personal or financial situation changes. PDF of W-4
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W4 Line 5 is where you write your withholding allowances.
Usually a number between 0 and 7. Less chance of tax return. Greater chance of tax return. Lower # = more $ withheld Higher # = less $ withheld
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I9 I-9: Employment Eligibility Verification Form INS – IRS form
Original identification No exceptions
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I-9 The purpose of this form is to document that each new employee (both citizen and noncitizen) hired after November 6, 1986,is authorized to work in the United States. PDF of I-9
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W-2 W-2: Wage and Tax statement
All earnings and taxation from an employer listed PDF W2
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1040 EZ 1040EZ < $50,000 income < $400 interest
PDF of 1040 EZ form
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Filing Taxes Filing Status Deductions Exemptions Credits Single
Married, Joint File Married, Individual File Head of Household Widow/Widower w/ dependent child Deductions Standard Itemized Exemptions Dependents HSA & IRAs Credits
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Tax Rate Tax Bracket Marginal Rate Effective Tax Rate
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