Taxes Are FUN!

Learning Outcomes

Students will be able to identify the date income tax returns are due and the website for downloading income tax forms.  They will be able to explain who must file an income tax return and list the important documents needed to complete one.

Teacher Planning

Several days of activities are included in this lesson plan.

Materials/Resources


Download: Learning about Taxes.ppt


  • Taxes Are Fun! - Student Worksheets 
  • Practice Exercises, forms 1040EZ and 1040A


Download: Tax Story.doc


Download: Taxes, Put these words in alphabetical order.doc


Download: Taxes unscramble.doc


Download: Taxes missing letters.doc


Download: Practice Exercise, Form 1040 EZ.doc


Download: Practice Exercise, Form 1040A.doc


Activities

1.  Ask the students about the date April 15.  Why is it important?

2.  Show powerpoint presentation, Learning About Taxes

3.  Check for comprehension.  Ask the students:

     Who needs to complete the income tax report?

     Who sends the W-2? 

     Who receives the W-2?

     When do they receive the W-2?

     Where can you download a copy of the 1040EZ or 1040A form?

     What documents are necessary to complete the 1040EZ or 1040A?

     Who signs the income tax report if you are married?

4.  Read the Tax Story

5.  Present the vocabulary list from the story (included in the student        worksheet,    Taxes,  Put These Words in Alphabetical Order)

6.  Hand out the student worksheets:

      Taxes, Put These Words in Alphabetical Order

     Unscramble Sentences

     Missing Letters

     Practice Exercise, Form 1040EZ

     Practice Exercise, Form 1040A

 

Assessment

  • Students will be able to identify April 15 as the day income tax returns are due
  • Students will be able to identify IRS.gov as the website to download 1040 forms
  • Instrument for student assessement:  True or False


Download: True False, Tax Story.doc


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