Tax Unit Flashcards

1
Q

Payroll card is the most affordable payment method

A

False, there are a lot of fees that come with using a pay roll card.

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2
Q

This is the form you use to complete a Federal Income Tax filing

A

1040

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3
Q

Your bank gives you this form if you earn income from an investment

A

1099-INT

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4
Q

Failure to file income taxes could result in jail time

A

True

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5
Q

Is cash an option to receive a tax return

A

No

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6
Q

Compulsory charges imposed on citizens by local, state and federal government

A

Taxes

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