Personal Finance - Financial Forms Flashcards
Received in January, there is one of me for every job I work, you can tell how much you earned and how much you paid taxes by reading me
I am received in January, you get me if you are not an employee but we’re paid in company, you probably didn’t get taxes withheld if you got me so you may have a big tax bill coming up
I am completed in April, anyone can use me, beware there is a LOT to fill out
I am received whenever you start a job, you lost information about yourself and your family on me, I determine how much money gets taken out of paycheck
I am received whenever you start a job, you use me to prove that you are eligible to work in the U.S., you must provide forms of identification when submitting me
January
April
Jobs
Health and Military Interest on Debt
Withholding
When you start paying taxes
Why is it important to be extremely careful when completing your 1040 form?
Deadline to file taxes
Form that determines how much money is withheld from your paycheck for federal and state income taxes
Paycheck withholding that puts money into a retirement investment fund that you will manage