1. List five characteristics of a good tax system. Why theses are features desirable?
Should be fair, tax laws should be clear and simple, taxes should be collected at a convenient time, and tax system should be stable, and flexible.
2. How dose the amount of money you earned and withheld determine whether you owe income tax.
Because if your emeployer did not take enough noney from your patcheck, you owe moeny and if you didnt make enough you wont be able draw for income tax
3. How will understanding such term as exemption, dependent, and deduction help complete a tax return?
It explains what you are filling out so you won’t be paying too much or to little
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