Which of the following refers to information that the taxpayer compiles and reports to the IRS on a standardized form? O O O O Tax formula. Withholdings. Federal taxes. Tax return. Which of the following creates the federal tax law? The U.S. House of Representatives, only. The U.S. Senate and the Internal Revenue Service. The U.S. Senate, only. The U.S. House of Representatives and the U.S. Senate. Which of the following is the recommended targeted saving rate if you are under age 30? 20%. 15%. O O O O 10%. 12%. Which of the following are withholdings? Federal income taxes, only. Payroll taxes, only. Sales taxes, only. Both federal income and payroll taxes. Which of the following refers to a tax that is paid throughout the year as income is earned? Payroll taxes. Sales taxes. Property taxes. O All of these answer choices are correct. Which of the following refers to a tax that is imposed once per year? Payroll taxes. Federal income taxes. Property taxes. O Sales taxes. Most working adults will pay federal income taxes. payroll taxes. sales taxes. All of these answer choices are correct