tax forms

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14 Terms

1
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w-2

-arrives electronically or in the mail in January

-how much you have earned and how much you have already payed in taxes

-one for each job you have

2
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1099

-arrives electronically or in the mail in January

-receive if you are not an employee but were paid by a company, you sold investments, earned other types of income, received dividend or interest payments

-probably did not withhold taxes from my earnings so there may be a big tax bill coming up

3
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1040

-filing deadline is in april

-a lot to fill out

-most people who earned income last year should complete me

4
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w-4

-employer asks you to complete when you start a new job

-list info about your family and yourself

-determine how much money is taken out of each paycheck

5
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I-9

-employer asks to complete when you start a new job

-use to prove that you are eligible to work in the U.S.

-must provide identification when submitting this

6
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Self-employed people must file taxes if they earn more than

400

7
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if you are a dependent, under the age of 65, and single, you must file taxes if you have earned income of more than _____ or an unearned income of _____

14600 1300

8
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your earnings for the year begin on this date

jan 1

9
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yearly earnings are final after this date

dec 31

10
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anytime you start a new job

-complete a W-4

-complete an I-9

11
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first day you can submit tax returns

jan 27

12
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deadline for employers to mail w-2s

jan 31

13
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last day to submit income tax forms

apr 15

14
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deadline to file tax returns that received extentions

oct 15

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