Hooray! You are almost done with module seven! Next, we’ll test your knowledge on the Three Most Common Taxes. After completing these practice questions, you will move into the next module.
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Sales taxes are paid from deductions in our paychecks.CorrectIncorrect
Gross income is the amount before taxes and deductions are made.CorrectIncorrect
Property tax is paid by the person purchasing items/goods/services to help pay for the property or land that the seller owns.CorrectIncorrect
Tax brackets are the percentage rates that we pay in sales tax.CorrectIncorrect
There are five filing statuses for income and state taxes.CorrectIncorrect