placeholder image to represent content

Common Tax Terms

Quiz by Kimberly McGinnis

Our brand new solo games combine with your quiz, on the same screen

Correct quiz answers unlock more play!

New Quizalize solo game modes
5 questions
Show answers
  • Q1
    What are progressive taxes?
    Taxes which increase as the amount being taxed increases
    Taxes which change without a relationship to the amount being taxed
    Taxes which decrease as the amount being taxed increases
    Taxes which are fixed regardless of the amount being taxed
    300s
  • Q2
    What are tax deductions?
    Ranges of taxable income taxed at a given rate
    Expenses subtracted from gross income to calculate taxable income
    Reductions in tax liability
    Reductions in tax rates
    300s
  • Q3
    What are tax credits?
    Ranges of taxable income taxed at a given rate
    Reductions in tax liability
    Reductions in tax rates
    Expenses subtracted from gross income to calculate taxable income
    300s
  • Q4
    Which of the following is NOT included in earned income?
    Salary
    Tips
    Commission
    Interest
    300s
  • Q5
    Adjusted gross income is also known as which of the following?
    Itemized income
    Dividend income
    Tax-deferred income
    Taxable income
    300s

Teachers give this quiz to your class