OFM.3 - Understand state and federal income taxes.
- OFM.3.1 - Identify records needed for tax purposes.
- OFM.3.2 - Understand how to obtain sources of free and low cost assistance for completing tax forms.
- OFM.3.3 - Understand the process to complete a W-4 form, 1040 EZ federal income tax form, and an equivalent state income tax form.
- OFM.3.4 - Explain the consequences of failure to comply with federal and state tax laws.