1. Death and Taxes IRS Form 1040EZ Using the Income Tax Time Powerpoint you will answer the 6 Multiple Choice Math Questions with complete 100 percent accuracy. Because the IRS does not grade on the curve.

2. Death and Taxes There is an old saying which goes like this, “There are two things in life that are sure,………………

3. Death and Taxes Death…. …….Taxes

4. Death and Taxes You can’t avoid either one. And you better be ready for both otherwise…………….

5. Death and Taxes We spend a large part of our working year just paying for taxes. For most of us, it is a regular part of life and work. We are taxed when we work, and often taxed when we make a purchase.

6. Death and Taxes Besides federal income taxes, we have state taxes, personal property taxes, sales taxes, capital gains taxes, and more.

7. Death and Taxes When April 15th draws near, and tax returns must be mailed to the Internal Revenue Service. Many suddenly wonder what taxes they owe, how much they can deduct, and how can they pay less.

8. Death and Taxes On April 15th, there are three taxes due, depending on the state you live in. 1.Federal 2.State 3.City In Texas we currently do not have state income taxes and Texas cities do not have city income taxes

9. Death and Taxes Depending on your income for the prior year, you will pay taxes. The following lessons will help you learn more about federal income taxes and state sales taxes. So, lets’s take the next 30 minutes or less and learn more about…..

10. Death and Taxes Death…. …….Taxes

11. Death and Taxes You will answer the 6 Multiple Choice Math Questions with complete 100 percent accuracy.

12. Death and Taxes You will Read 6 Multiple Choice Math Questions And click on the answer You believe is right

13. Death and Taxes You will then be taken to another page. If your answer is right you will click on the button and go on to the next question. If your answer is not right you will click on the button and try to answer the first question again.

14. Death and Taxes REMEMBER: The following lessons will help you learn more about federal income taxes and state sales taxes So, Let’s Get Started!!!!

15. Death and Taxes 1 st Question: Jose has a summer job that paid $1000. If 18% is deducted for Federal Income Taxes, then how much is deducted? A.$200 B.$ 18 C.$180

16. Death and Taxes 1 st Question Answers: A: $200 is not right Click on the button and try again

17. Death and Taxes 1 st Question Answers: B: $ 18 is not right Click on the button and try again

18. Death and Taxes 1 st Question Answers: C: $180 is right YEAH!!!! YEAH!!!! YEAH!!!! Click on the button and go to the next question

19. Death and Taxes 2nd Question: Maria has a summer job which paid $1600 for the entire summer. If 10% is deducted for Federal Income Taxes then how much money does Maria have left? A.$1500 B.$1440 C. $1590

20. Death and Taxes 2nd Question Answers: A: $1500 is not right Click on the button and try again

21. Death and Taxes 2nd Question Answers: B: $1440 is right YEAH!!!! YEAH!!!! YEAH!!!! Click on the button and go to the next question

22. Death and Taxes 2nd Question Answers: C: $1590 is not right Click on the button and try again

23. Death and Taxes 3rd Question: Rick earned $908 last year. If $54 is taken out for Social Security taxes, how much is left? A.$962 B.$754 C. $854

24. Death and Taxes 3rd Question Answers: A: $962 is not right Click on the button and try again

25. Death and Taxes 3 rd Question Answers: B: $754 is not right Click on the button and try again

26. Death and Taxes 3rd Question Answers: C: $854 is right YEAH!!!! YEAH!!!! YEAH!!!! Click on the button and go to the next question

27. Death and Taxes 4th Question: If Chloe paid 8% in sales tax for her new $80 jeans, how much is the sales tax? A.$ 64.00 B.$ 6.40 C. $ 8.00

28. Death and Taxes 4 th Question Answers: A: $ 64.00 is not right Click on the button and try again

29. Death and Taxes 4th Question Answers: B: $ 6.40 is right YEAH!!!! YEAH!!!! YEAH!!!! Click on the button and go to the next question

30. Death and Taxes 4th Question Answers: C: $ 8.00 is not right Click on the button and try again

31. Death and Taxes 5th Question: Ernesto has a part-time job which paid $2000 for the year. During the year 18% is taken out for federal taxes. At the end of the year Ernesto discovered only 9% needed to be paid in taxes. How much is his refund? A.$ 180.00 B.$ 360.00 C. $ 90.00

32. Death and Taxes 5th Question Answers: A: $ 180.00 is right YEAH!!!! YEAH!!!! YEAH!!!! Click on the button and go to the next question

33. Death and Taxes 5th Question Answers: B: $360.00 is not right Click on the button and try again

34. Death and Taxes 5th Question Answers: C: $ 90.00 is not right Click on the button and try again

35. Death and Taxes 6th Question: Noah earned $1500 last year. If 6% is taken out for Social Security taxes, how much is left? A.$ 1590.00 B.$ 1410.00 C. $ 1440.00

36. Death and Taxes 6 th Question Answers: A: $ 1590.00 is not right Click on the button and try again

37. Death and Taxes 6th Question Answers: B: $ 1410.00 is right YEAH!!!! YEAH!!!! YEAH!!!! Click on the button and go to the next question

38. Death and Taxes 6th Question Answers: C: $ 1440.00 is not right Click on the button and try again

39. Death and Taxes REMEMBER We spend a large part of our working year just paying for taxes. For most of us, it is a regular part of life and work. We are taxed when we work, and often taxed when we make a purchase.

40. Death and Taxes Besides federal income taxes, we have state taxes, personal property taxes, sales taxes, capital gains taxes, and more.

41. Death and Taxes When April 15th draws near, and tax returns must be mailed to the Internal Revenue Service. Many suddenly wonder what taxes they owe, how much they can deduct, and how can they pay less. But now you know more about…

42. Death and Taxes Death…. ….Taxes

43. Death and Taxes References and Credits: WWW.MoneyInstructor.com Internal Revenue Service: Department of the Treasury