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Lesson 1: An Introduction to Tax

Types of Taxes

There are many different types of taxes levied at the federal, state, and local levels.

Can You Identify a Federal, State, or Local Tax? 

There are six federal, state, and local individual taxes, and there are five federal, state, and local business taxes. Table 1.3 is blank. Please attempt to complete the table on your own by identifying all of the federal, state, and local taxes you can think of for both individuals and businesses. 

Table 1.3. Federal, State, and Local Taxes for Individuals and for Businesses
IndividualBusiness

Once you have attempted Table 1.3, select the button below to show the completed table.

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