Question

the ___________________ form is used to report various types of income other than wages, salaries, and tips.
options: 1040, 1099, w-2, w-4

___________________ provides benefits for people who are retired, disabled, or survivors of deceased workers.
options: medicare, fica, social security, income tax

Explanation:

First Question (Tax Form)

To determine the correct tax form:

• Form 1040 is for individual income tax return (not just non - wage income).
• Form 1099 is used to report various types of income other than wages, salaries, and tips (e.g., income from self - employment, rent, etc.).
• Form W - 2 reports wages, salaries, and tips (so it's not the answer).
• Form W - 4 is for withholding allowances (not for reporting income).

To identify the benefit program:

• Medicare provides health insurance for the elderly and some disabled.
• FICA is a tax (not a benefit program).
• Social Security provides benefits for retired, disabled, or survivors of deceased workers.
• Income Tax is a tax (not a benefit program).

Answer:

B. 1099

Second Question (Benefit Program)