The Wheeler's bill at the restaurant was $63.00. How much money should Mr. Wheeler leave as a tip if he plans to tip 15%?
Chris puts $1,500 in a savings account at an annual interest rate of 5%. If Chris does not deposit or withdraw any money, what is the amount of interest Chris will earn the first year her money is in the account?
Lynne loaned $480 to a friend. The friend paid back the amount borrowed plus 10% interest. What was the total amount the friend paid to Lynne?
Harrison is buying a bicycle for $340. What amount of sales tax must he pay if the sales tax rate is 7%?
The tax rate on an $80 sweater is 6.5%. What is the tax?
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: 3413 | Last updated: Aug 9, 2017
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?
Are you preparing for the enrolled agent exam? An enrolled agent is someone who represents taxpayers before the Internal Revenue Service by passing a three-part comprehensive IRS test involving individual and business tax...
Questions: 20 | Attempts: 2762 | Last updated: May 19, 2021
Generally, every taxpayer that files a tax return must use an identifying number. Which of the following is NOT a Taxpayer Identification Number for IRS purposes?