Students will understand the effects of state and federal taxes on income.
Students will understand the requirement to file and what their filing status is.
Students will understand the differences between refundable credits, non-refundable credits, and adjustments.
Students will understand the differences between gross and net income.
Where Your 2018 Tax Dollars Went
Look at this infographic on how federal tax dollars are spent..
Crash Course Economics
Where Do Your Tax Dollars Go?
How to Read a Pay Stub
Income Taxes Explained
Social Security Explained
A Sample Paycheck
Look at this image of a sample paycheck. See if you can find how much the person makes, how much they pay in taxes, and how much money they need to live off of.