Welcome to the Understanding Taxes Student Site
Whether you're "on assignment" or just browsing the Web, this set of 38 Understanding Taxes student lessons has something for everyone. Divided into two content areas — the Hows of Taxes and the Whys of Taxes — The Hows of Taxes shows you how to apply tax principles, while the Whys of Taxes explains tax history and theory.
ActivitiesBalance the national budget, take virtual field trips, discover how your tax dollars are spent, and lobby for a cause you choose from a variety of interactive tax activities.
Tax TutorialsWho qualifies as a dependent? What is an exemption? How do you report interest from a Form 1099? These 14 tax tutorials will guide you through the basics of tax preparation, giving you the background you need to electronically file your tax return.
SimulationsApply what you've learned by putting yourself in the shoes of 20 different taxpayers while you explore the ins and outs of filing tax returns electronically!
AssessmentsEvaluate your comprehension by testing your knowledge. These assessments will provide you with immediate test results.
Confused about tax terms and forms? Interested in learning more about the basic concepts behind taxes? Understanding Taxes can take the mystery out of taxes. The Hows of Taxes includes 14 self-paced modules, offering a step-by-step approach to tax preparation.
Investigate the theory and history behind America's tax system. Who were the key players instrumental in the development of this system? What is the rationale supporting existing and past tax legislation? How can you affect your tax situation? Whatever your interest, there's something for everyone in the 24 student lessons.
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