THE TAX CYCLE & JOB
Standard – Education, Careers, Income
Students will be able to
•Identify important dates of the tax cycle
•Understand the difference between common tax forms
•Explain the purpose of a W-4 and how it impacts their
•Analyze and understand the fine print of a sample W-4
WHEN DO PEOPLE FILE THEIR TAX
1.During what months do most
people file their taxes?
2. Approximately how many
people filed their returns the
first week of February and the
week of April 15, combined?
3. Why do you think no one
filed their taxes in the month
WHAT PERCENT OF TAXPAYERS
DON’T KNOW WHAT A W-4 IS?
Do you know what one is?
How did you learn about
WHAT YOU NEED TO
Which of the following statements about the W-4 is
true? (Select all that apply)
• The purpose of the form is to provide employees
with reported wage and salary information.
• The form is given to employees every January.
• This form is given to employees on the their first
day on the job.
• The purpose of the form is to let employers know
how much money to withhold from an
employee’s paycheck for taxes.
You will need to include all of the following
information on a W-4 EXCEPT…
• Name and address
• Earned income from previous job
• Social Security number
• Marital status