Understanding Taxes - Activity 4: Economic Timeline of Events 1990-2010

Theme 2: Taxes in U.S. HistoryLesson 7: Tax Reform in the 1990s and 2000s

Activity 3: Economic Timeline of Events 1990-2010

The economy and tax law underwent many changes in the 1990s and 2000s.

Question/s

"Match the event to the year it occurred by choosing the year from the drop-down menu. To assess your answers, click the Check My Answers button at the bottom of the page."
~ Tina the Tax Tutor

The American Opportunity education credit replaces the Hope education credit as part of the American Recovery Act.
Federal deficit became a surplus and the first education tax credits were established as part of the Taxpayer Relief Act.
Federal surplus became a deficit and the Child and Dependent Care credit was established as part of EGTRRA.
A year after the economy plunged sharply, the First-Time Homebuyer credit was increased.

"Hi, I'm Tina. - Lets get started!!" ~Tina the Tax Tutor

Question/s

"Hi, I'm Tina. - Lets get started!!"
~Tina the Tax Tutor