Income Tax Basics

Income Tax Basics
Income Tax Basics
Income Tax Basics
Income Tax Basics
Income Tax Basics
Income Tax Basics
Income Tax Basics
Income Tax Basics
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1 MB|17 pages
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Product Description

In this No Prep Lesson, older high-school students will become familiar with the basic concepts and vocabulary of filing and paying state and federal income taxes. They will interpret a W-2 Wage and Tax statement, estimate taxes owed using the 2018 tax law, and complete a 1040 (new for 2018 tax year) using both a paper form and a free online tax preparation program.

Notes and examples, a homework assignment, a real-world activity, and answer keys are included.

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This lesson is lesson 2 of my unit “An Introduction to the Mathematics of Personal Finance.” The full unit and individual lessons are available for purchase separately.

Total Pages
17 pages
Answer Key
Included
Teaching Duration
2 days
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