Tax Quizzes, Questions & Answers

Tax! It’s something most of us hate but it is ubiquitous in most societies. Maybe after years and years of paying it, you now consider yourself something of a tax expert; maybe you are the dreaded taxman himself! Either way, test yourself with our fantastic tax quizzes! These quizzes are sure to test you, and probably intrigue you too! Some of the questions you will be coming up against are: In what sense does the legal and economic definition of tax differ? What does in kind mean? When and where was the first taxation system used?

Can you name three different types of obsolete forms of taxation? What happened during the Poll Tax Riots in the United Kingdom? Think you know the answers? Take these quizzes and find out now! Tax is much more interesting than you think, believe us!

Top Trending Quizzes

The Taxation Quiz Exam!

Questions: 20 | Attempts: 6102 | Last updated: Mar 22, 2023

Sample Question
Taxes are the lifeblood of the government.

True

False

General Principles Of Taxation Trivia Quiz

Here is an amazing test, general principles of taxation trivia quiz. This quiz has been designed carefully and will guide you through the gamut of the entire basics of taxation and how you should go about it. If you are already...

Questions: 30 | Attempts: 9034 | Last updated: Mar 22, 2023

Sample Question
Which of the following is/are the nature of the power of taxation? It is an inherent attribute of sovereignty. It is legislative in character. It is regarded as comprehensive, unlimited, plenary and supreme.

A. I only.

B. I and II only.

C. II and III only.

D. I and III only.

Audit, Tax, Or Advisory? Find Your Path!

Time to find out which practice is suitable for you!

Questions: 7 | Attempts: 1129 | Last updated: Mar 15, 2022

Sample Question
Which of the following statements speak your mind?

I will find the truth, tell the truth, even if it that truth will hurt me.

Laws and regulations: without them, we're nothing but animals.

Through challenge and difficulty, we learn to see life differently than before.

Paying Your Taxes Math Quiz

Do you pay your taxes on time? Do you know how to calculate the tax amount? You can take this paying your taxes math quiz to see how well you know about the tax deductions and other calculations in tax payment. Basically, tax is...

Questions: 10 | Attempts: 632 | Last updated: Mar 21, 2023

Sample Question
You earned $96,000 last year. Your effective tax rate is; Federal: 16.3, FICA: 7.65, state: 4.5. If you have added them all and subtracted them from your gross income, what would be left of your income from last year?

$68,688

$27,198

$15,369

$48,245

Tax 2 - Quiz 5 (Local Government Taxation)

Questions: 20 | Attempts: 645 | Last updated: Mar 14, 2023

Sample Question
The Sangguniang Panlalawigan shall review the ordinance of a Municipality within 3 days from its approval by the municipal Local Chief Executive.

True

False

Recent Quizzes

Test Your Knowledge About TDS (Tax Deducted at Source)?

Welcome to the U.S. Taxation System Quiz! This quiz will test your knowledge of the complex tax system in the United States. Get ready to explore the various levels of government that impose taxes, including federal, state, and...

Questions: 10 | Attempts: 39 | Last updated: Nov 17, 2023

Sample Question
What are the three levels of government in the United States that impose taxes?

Federal, local, and regional

Federal, state, and local

Federal, state, and international

State, city, and municipality

How Much Do You Know About Ohio Tax Laws?

Test your knowledge of Ohio Tax Laws with our engaging Ohio Tax Laws quiz! Whether you're a resident, a taxpayer, or simply interested in tax laws, this quiz will challenge your understanding of Ohio's tax regulations....

Questions: 10 | Attempts: 13 | Last updated: Nov 17, 2023

Sample Question
Which of the following is not subject to Ohio sales tax?

Groceries

Clothing

Restaurant meals

Prescription drugs

History and Impact of Poll Tax Quiz

If you are highly interested in politics and have a vast understanding of US history, you must be aware of poll tax. What were its history and impact? The quiz below will check how deep you have knowledge of poll tax. It is also...

Questions: 10 | Attempts: 61 | Last updated: Dec 16, 2022

Sample Question
Which amendment ended the poll tax in the US?

21st Amendment

22nd Amendment

23rd Amendment

24th Amendment

Taxes and fiscal policy MCQs

Fiscal policy is the policy influencing government expenditure and revenue. Taxes form a major part of it. Play this informative MCQ based quiz and see how well you know the concepts. The quiz will certainly help you in acing...

Questions: 10 | Attempts: 132 | Last updated: Nov 17, 2023

Sample Question
A Budget deficit occurs when?

The government spends less money than it brings in for a fiscal year

When government is not able to raise money

The government spends more money than it brings in for a fiscal year

None of the above

Test Your Tax Knowledge With This Quiz

How much do you know about taxes and their facts? Test your knowledge regarding tax regulations with this quiz and see for yourself. Taxes are mandatory contributions that are imposed on individuals or businesses by a government....

Questions: 10 | Attempts: 242 | Last updated: Mar 30, 2023

Sample Question
The standard rate of VAT in the UK is 20%?

True

False

Tax Review - Final Exam (2019-2020)

Questions: 60 | Attempts: 233 | Last updated: Mar 22, 2023

Sample Question
Aldous died leaving a farm land. In his will, he transferred the ownership thereof to Bruno but subject to the condition that Carmilla will have right to use the land for a period of 10 years (usufruct). In the 7th year however, Carmilla died and in Carmilla's will, he surrendered his right over the land to Bruno. Which of the the following statement is correct?

The transfer to Bruno is subject to donor's tax.

The transfer to Bruno is subject to estate tax.

The transfer is both an inclusion and deduction from the gross estate of Carmilla.

The transfer is a tax-exempt transfer.

Chapter 11 Tax Corp - Important 1

Chapter 11 Tax Corp - important 1

Questions: 105 | Attempts: 1069 | Last updated: Mar 22, 2023

Sample Question
A cash distribution from a partnership to a partner is generally taxable to the partner. True/False

True

False

Chapter 10 Tax Corp - Important 1

Chapter 10 Tax Corp - important 1

Questions: 112 | Attempts: 324 | Last updated: Mar 21, 2023

Sample Question
A partnership is an association by two or more taxpayers (which may be any type of entity) to carry on a trade or business. True/False

True

False

Tax Corp Chapter 3

Questions: 98 | Attempts: 309 | Last updated: Mar 22, 2023

Sample Question
Creek Corporation had $210,000 of active income, $45,000 of portfolio income, and a $230,000 passive activity loss during the year. If Creek is a closely held C corporation that is not a personal service corporation (PSC), it can deduct $230,000 of the passive activity loss in the year.

True

False

Stage 1 (Individual) Deloitte Tax Challenge 2019

Questions: 123 | Attempts: 3697 | Last updated: Mar 20, 2023

Sample Question
Which of the following term is defined in the Income Tax Act, 1967?

Plant

Machinery

Building

All of the above

Pre-challenge - Deloitte Tax Challenge 2019

Pre-Challenge - Deloitte Tax Challenge 2019

Questions: 20 | Attempts: 1732 | Last updated: Mar 22, 2023

Sample Question
Which of the following statements in relation to the features of the Malaysian tax system is true?

An individual carrying on a business must submit a tax estimate at least 30 days prior to the commencement of the basis period for the respective year of assessment

A non-resident employee, with the same employer for 12 months, may elect not to submit a tax return provided their remuneration was subject to a monthly tax deduction and they did not have any income other than from employment

An individual carrying on a business, with an instalment scheme issued by the Inland Revenue Board, will be allowed to revise a tax estimate for a year of assessment only in the sixth and ninth month of the basis year

Citizens of a foreign country who derive employment income from Malaysia are not required to declare their Malaysian source income

Taxation And Purchasing Power Quiz

TAXATION AND PURCHASING POWER QUIZ

Questions: 30 | Attempts: 106 | Last updated: Mar 18, 2023

Sample Question
Purchasing power is measured by

Income

Inlation

Comparing income to cost of living

Comparing inflation to income

Vita Tax Prep - Dependency Exemption

VITA Tax Prep - Dependency Exemption

Questions: 10 | Attempts: 324 | Last updated: Mar 19, 2023

Sample Question
John is a 23-year-old single college student. His mother is entitled to claim him as a dependent on her tax return. Is John entitled to claim himself as a personal exemption on his own return?

Yes

No

Option 3

Option 4

The Ultimate Taxation MCQ

Taxation is the way to redistribute income and increase the government's revenue. Play this informative quiz on taxation that contains MCQ-based questions to gauge your knowledge and understanding of the topic. The quiz...

Questions: 10 | Attempts: 3885 | Last updated: Aug 23, 2023

Sample Question
The objective of taxation by the Government are -

Raising revenue for the state

To maintain economic stability

To remove disparities in the distribution of income

All of the above

H&r Block Tax Personality Course Quiz

H&R Block Tax Personality Course Quiz

Dive into the world of taxes and test your knowledge with the H&R Block Tax Course Quiz! This quiz is designed to challenge your understanding of tax-related topics, from tax codes and regulations to filing...

Questions: 4 | Attempts: 170 | Last updated: Nov 2, 2023

No Taxation Without Representation

Do your best andÂ Answer all the questions.

Questions: 10 | Attempts: 280 | Last updated: Mar 22, 2023

Sample Question
What was the British taught?

Woman protested by supporting a different boycott of British goods

How to be brutal

That the colonist would resist internal taxes

To dress Mr. Youngel

Chapter 2.5 Quiz (8% Of The Exam)

Chapter 2.5 Quiz (8% of the exam)

Questions: 29 | Attempts: 139 | Last updated: Mar 22, 2023

Sample Question
The due date and delinquent date of the second installment of real property taxes in California, are respectively:

November 1 and December 10

July 1 and November 1

February 1 and April 10

January 1 and March 10

Vandyk Mortgage's Equal Treatment And Fair Lending Exam

VanDyk Mortgage's Equal Treatment and Fair Lending Exam

This is a quiz that asks different random questions that are designed to test your knowledge on how well you know tax computation and deduction terms. It might not be as easy as you think but just try it out to see how you will...

Questions: 13 | Attempts: 3552 | Last updated: Mar 22, 2023

Sample Question
When the applicant mentioned the last lender did not like her neighborhood and suggested she try another source, they may have violated which of the following laws?

RESPA

FCRA

ECOA

HMDA

1040x/Soi Refresher(Tax Payers) Quiz

1040X/SOI Refresher(Tax payers) Quiz

Questions: 10 | Attempts: 222 | Last updated: Mar 20, 2023

Sample Question
Which is true about taxpayers that file MFS?

MFS tax filers can claim education credits.

MFS tax filers can claim EIC (Earned Income Credit).

MFS tax filers can claim exemptions, if they have them.