IRS: Understanding Taxes
http://www.irs.gov/individuals/students/article/0,,id=177653,00.html
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You’ve heard it before: The only certain things in life are death and taxes! Understanding Taxes is an interactive website from the IRS that incorporates activities, tutorials, and simulations to help you learn the ins and outs of the American tax system. Divided into two areas of content (the Hows of Taxes and the Whys of Taxes), you will learn about the history, theory, and application of taxes in the United States.A variety of activities will give you opportunities to balance the national budget, take virtual field trips, discover how your tax dollars are spent, and lobby for a cause as you choose from a variety of interactive tax activities.Do you ever wonder who qualifies as a dependent? What is an exemption? How do you report interest from a Form 1099-INT? The tax tutorials will guide you through the basics of tax preparation, giving you the background you need to electronically file your tax return.Apply what you’ve learned through tax simulations. Put yourself in the shoes of 17 different taxpayers while you explore the ins and outs of filing tax returns electronically!
