Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Other Taxes Workout

Skills Workout

Certification Warm Up: Drill & Practice

  1. Jack earned more than $400 in net earnings from his home business. He must pay self-employment tax.
  2. An employee is not required to report their tip income to their employer if they receive $20 or more per month in tips from their job.
  3. A taxpayer aged 35 doesn't have to pay income tax and an additional tax if they take a distribution from an IRA and it is rolled into another qualified plan or IRA.
  4. A taxpayer who claimed the 2008 homebuyer credit doesn't have to pay back a portion of the credit each year.