Why might you complete a 1040 instead of a 1040EZ? |
You own a home |
When you purchase an item in a store, you may be charged __________. |
sales tax |
Which of the following are NOT deducted on a typical paystub: |
Sales tax |
The person who receives financial protection from a life insurance plan is called a: |
Beneficiary |
Insurance can help you: |
financially protect against unexpected accidents |
In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense? |
You have health insurance with a $500 deductible |
Jan pays $70 each month for her auto insurance policy. This regular payment is called a: |
premium |
When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______. |
W-4 |
The amount you owe in state income tax is based on: |
Your yearly earnings |
Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs? |
$700 |
EVERFI – INSURANCE & TAXES QUIZ
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