Continue watching the movie, The Pursuit of Happyness. Consider the following as you view the movie. Career and Income Career Choices: Reflect on the main character’s career choices and the impact on his financial well-being. Consider how his career decisions align with financial stability. Income Growth: Track the progression of the main character’s income throughout […]
VIDEO: If Paychecks Could Talk Some people are surprised when they get their paycheck and the amount of money they receive is lower than they expected. This is often because they don’t know about things like state taxes, federal taxes, and the Federal Insurance Contributions Act (FICA). Watch the video to learn more about […]
EDPUZZLE: What You Need to Know About Form W-4 In the last resource you learned how the W-4 form is different from other tax forms. Let’s take another look at this important tax form you’ll need to fill out when you get a new job. Watch this video and answer the questions on your […]
REFERENCE: Updated Tax Figures Throughout this lesson, you may notice that tax figures vary based on the year the resource was created. Review this slide that details the most updated tax figures before proceeding. Be sure to come back to this reference if you have any questions about whether or not a person meets a […]
REFERENCE: Tax Preparation Checklist for Teens What do you need to file your taxes? Review this handy list of items you will need to fill out the 1040 form. Check off the items you’re confident you will have ready. Take note of any items you’re unsure or have any questions about. VIDEO: Ways to File […]
QUESTION OF THE DAY: If you make $40,000, how much will you pay in federal income taxes? Below are some links you will need to complete your worksheet. Edgar’s W-2 Melinda’s W-2 Angela’s W-2 Marcus’s W-2 Boris’s W-2 Determine if the individual is/is not a dependent by reading the “Who qualifies as a dependent?” and “Qualifying Child” […]
ARTICLE: What Is a Budget? Now that you’ve had a chance to see the challenges of balancing all of the things that you wanted to do for Enzo with the needs of day to day life, let’s get back to basics and consider the reasons that you would want to create a budget. Why is […]
Take the Tax and Budgeting Quiz.
You can play this Kahoot! to study for the quiz tomorrow.
Take the practice exam to review for the semester exam next week. Semester Exam Time Tuesday, January 16th: 1:05 – 2:35 PM
