Speakerbrings uptheirspouseC Corp: CCorporationSchedule E: reportincome or loss fromrental real estate,royalties, partnerships,S corporations,estates, trusts, andresidual interests inreal estate mortgageinvestment conduitsAGI:AdjustedGrossIncomeSomeone isseen oncamera thatwas notsupposed to beseenIRS:InternalRevenueServiceDoubleTaxation:income taxespaid twice onthe sameincome sourceAET:AccumulatedEarnings TaxSpeakeris offcameraSomeonesays "isanyoneelse cold"Speakerwalksaroundthe tableSpeakerwalksbackwardsNet Income:amount of moneyleft aftersubtracting costs,allowances, andtaxes from grossincomeForm 941:Employer'sQuarterly FederalTax Return, usedto reportemployment taxesPass Through Entities:legal entity whereincome "flows through"to investors or owners;that is, the income ofthe entity is treated asthe income of theinvestors or ownersForm 1065:Annualreturn ofincome forpartnershipsSpeakerdrinksfrom theircupThe text onthe screenis too smallto readEITC:EarnedIncomeTax CreditQBI:QualifiedBusinessIncomeK-1: Formreportingpartnership/Scorp income1099: Form forreportingvarious types ofincome otherthanwages/salarySchedule C (Form1040): Used toreport annualincome or lossfrom a soleproprietorshipbusinessForm W-3:Transmittal ofWage and TaxStatements, sentto the SocialSecurityAdministrationSpeakerbrings uptheirspouseC Corp: CCorporationSchedule E: reportincome or loss fromrental real estate,royalties, partnerships,S corporations,estates, trusts, andresidual interests inreal estate mortgageinvestment conduitsAGI:AdjustedGrossIncomeSomeone isseen oncamera thatwas notsupposed to beseenIRS:InternalRevenueServiceDoubleTaxation:income taxespaid twice onthe sameincome sourceAET:AccumulatedEarnings TaxSpeakeris offcameraSomeonesays "isanyoneelse cold"Speakerwalksaroundthe tableSpeakerwalksbackwardsNet Income:amount of moneyleft aftersubtracting costs,allowances, andtaxes from grossincomeForm 941:Employer'sQuarterly FederalTax Return, usedto reportemployment taxesPass Through Entities:legal entity whereincome "flows through"to investors or owners;that is, the income ofthe entity is treated asthe income of theinvestors or ownersForm 1065:Annualreturn ofincome forpartnershipsSpeakerdrinksfrom theircupThe text onthe screenis too smallto readEITC:EarnedIncomeTax CreditQBI:QualifiedBusinessIncomeK-1: Formreportingpartnership/Scorp income1099: Form forreportingvarious types ofincome otherthanwages/salarySchedule C (Form1040): Used toreport annualincome or lossfrom a soleproprietorshipbusinessForm W-3:Transmittal ofWage and TaxStatements, sentto the SocialSecurityAdministration

Tax Webinar Day 2 - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. Speaker brings up their spouse
  2. C Corp: C Corporation
  3. Schedule E: report income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in real estate mortgage investment conduits
  4. AGI: Adjusted Gross Income
  5. Someone is seen on camera that was not supposed to be seen
  6. IRS: Internal Revenue Service
  7. Double Taxation: income taxes paid twice on the same income source
  8. AET: Accumulated Earnings Tax
  9. Speaker is off camera
  10. Someone says "is anyone else cold"
  11. Speaker walks around the table
  12. Speaker walks backwards
  13. Net Income: amount of money left after subtracting costs, allowances, and taxes from gross income
  14. Form 941: Employer's Quarterly Federal Tax Return, used to report employment taxes
  15. Pass Through Entities: legal entity where income "flows through" to investors or owners; that is, the income of the entity is treated as the income of the investors or owners
  16. Form 1065: Annual return of income for partnerships
  17. Speaker drinks from their cup
  18. The text on the screen is too small to read
  19. EITC: Earned Income Tax Credit
  20. QBI: Qualified Business Income
  21. K-1: Form reporting partnership/S corp income
  22. 1099: Form for reporting various types of income other than wages/salary
  23. Schedule C (Form 1040): Used to report annual income or loss from a sole proprietorship business
  24. Form W-3: Transmittal of Wage and Tax Statements, sent to the Social Security Administration