financial

mod 6 - tax tutorial

Module 6-Exemptions Tax Tutorial In this tax tutorial, you will learn about exemptions. There are two types of exemptions: • personal exemptions • dependency exemptions Each exemption reduces the income that is subject to tax by the exemption amount. The exemption amount changes every year. • For 2007, the exemption amount is $3,400. A taxpayer ca  ... more>>

mod 6 - lesson plan

Teacher Lesson Plan Module 6: Exemptions Time Frame One to two class periods Curriculum Area(s) • Technology • Civics/Government • Family and Consumer Sciences • History/Social Studies • Economics Purpose To help students understand personal and dependency exemptions and how exemptions affect income that is subject to tax Objectives Students wi  ... more>>

mod 6 - assessment

Module 6 Page 1 of 2 Module 6: Exemptions Answer each of the following questions by typing your response in the space provided or by clicking on the correct answer. To assess your answers, click the Check My Answers button at the bottom of the page. 1) List the two types of exemptions. Separate your answers with commas. Type Answer Here 2) An e  ... more>>

mod 5 - tax tutorial

Module 5-Filing Status Tax Tutorial In this tax tutorial, you will learn about filing status. The filing status determines the rate at which income is taxed. The five filing statuses are: • single • married filing a joint return • married filing a separate return • head of household • qualifying widow(er) with dependent child Some taxpayers can us  ... more>>

mod 5 - lesson plan

Teacher Lesson Plan Module 5: Filing Status Time Frame One to two class periods Curriculum Area(s) • • • • • Technology Civics/Government Family and Consumer Sciences History/Social Studies Economics Purpose To help students understand that filing status affects tax rates and to help students choose the appropriate filing status for the taxpayer  ... more>>

mod 5 - assessment

Module 5 Page 1 of 2 Module 5: Filing Status List the filing statuses in order from lowest tax rates to highest tax rates by typing the number in the space provided. Use 1 for the lowest tax rate and 4 for the highest tax rate. To assess your answers, click the Check My Answers button at the bottom of the page. 1) Head of household Type Answer  ... more>>

mod 4 - simulation c