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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:


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:


When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.


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?


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