Dave Ramsey Chapter 10 Post-Test Study Guide Questions And Correct Answers

When you buy clothes or check out at the grocery store, you will pay _____________. {Ans: sales tax}The tax on the purchase of goods or services is called _____________. {Ans: consumption tax}What is the main IRS form that most Americans use to file their taxes? {Ans: Form 1040}Always keep your filed taxes for at least three years in case the IRS decides to ______ your tax return. {Ans: audit}Which of the following is most likely to need the help of a tax professional? {Ans: self-employed people}Renting out property or selling content on a blog are examples of ______________. {Ans: passive income}