tax jumps and tax forms

Question Number 1	Points: 5.00/5.00
Question Text
What is a disadvantage of overpaying your taxes during the year?
Your Answer
C. You cannot use the money or draw interest on it until after you get your tax refund.
Question Number 2	Points: 7.00/7.00
Question Text
If you owe $2,142.99 in taxes and you have already paid $2,700.27 in taxes, what will your refund be?
*BLANK*
Your Answer
If you owe $2,142.99 in taxes and you have already paid $2,700.27 in taxes, what will your refund be?
557.28
Question Number 3	Points: 5.00/5.00
Question Text
Which form is required to verify that a prospective employee is legally qualified to work in the U.S.?
Your Answer
A. I9
Question Number 4	Points: 0.00/5.00
Question Text
Why do many people choose to overpay their taxes throughout the year?
Your Answer
A. They can use the interest until you get the refund.
Question Number 5	Points: 0.00/5.00
Question Text
Which of the following is NOT a commonly used income tax form?
Your Answer
D. 1040EZ
Question Number 6	Points: 7.00/7.00
Question Text
If you owe $748.11 in taxes and you have paid $692.40, what additional amount will you have to pay?
*BLANK*
Your Answer
If you owe $748.11 in taxes and you have paid $692.40, what additional amount will you have to pay?
55.71
Question Number 7	Points: 2.00/2.00
Question Text
There is no tax jump from 0.28E – 9,819.50 to 0.33E – 18,554.
Your Answer
True
Question Number 8	Points: 5.00/5.00
Question Text
When you get a raise in pay, what often happens to your income taxes?
Your Answer
C. They increase due to a change in tax bracket.
Question Number 9	Points: 5.00/5.00
Question Text
Which of the following is NOT used with regard to income taxes?
Your Answer
B. 2199Z
Question Number 10	Points: 5.00/5.00
Question Text
What are two required forms for an employee to fill out as a first part of the employment process?
Your Answer
D. W4 and I9