Exam (elaborations)
5. Taxes Questions and Answers 2024
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Exam of 1 pages for the course taxes at taxes (5. Taxes)
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5. TaxesWhich are types of income tax that people pay? Check all that apply. - answer federal
local
state
In addition to federal income tax, many people also pay - answer state income tax
Sales tax is calculated by multiplying the price of an item by the - answer tax rate
Most state and local income taxes are either - answer progressive or flat
Property taxes are based on - answer how much a property is worth.
Social security and Medicare are - answer payroll taxes
The document shows a personal allowances worksheet.
The document asks about dependents because the number can - answer lower overall
taxes
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