How much do you know about taxes?

We decided to do a quiz for the adults at the Family Fun Day this year. I know most of the games are for kids, but thought it would be fun to test out the grown-ups!

Do you have what it takes to become a tax pro? Take this test to see how much you know, and if you have the high score for the day, you get $20! What's to lose?

Created by: Susan Coleman

  1. If you file an extension for your tax return, what is the due date?
  2. If you live with someone who doesn't work, and you provide all of the support for their children, what is your filing status?
  3. Which of these choices is deductible on your taxes?
  4. How much can you earn as an independent contractor before you have to pay self-employment taxes?
  5. Is Social Security taxable?
  6. Is there a penalty for withdrawing your 401K before a certain age?
  7. Which of these is not a valid filing status on your tax return?
  8. Which of these is not taxable income?
  9. Who could deduct standard mileage on their tax return if they meet other requirements?
  10. When is the last year that the Child Tax Credit can be claimed?
  11. Who could claim the Earned Income Credit?
  12. Which of these is not a qualifying expense for the American Opportunity Credit?
  13. You mowed your neighbor's lawn all summer. In January, you receive a 1099-misc from your neighbor for $1200. How do you report this for tax purposes?
  14. If you worked last year in MO, IL, KY, TN, and TX, how many state tax returns will you file?
  15. Which of the following is not considered earned income for the purpose of the Earned Income Credit?

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Quiz topic: How much do I know about taxes?