Net Income:amount of moneyleft aftersubtracting costs,allowances, andtaxes from grossincomeSpeakeris offcameraForm 1065:Annualreturn ofincome forpartnershipsIRS:InternalRevenueServiceSpeakerbrings uptheirspouseSpeakerwalksaroundthe tableForm 941:Employer'sQuarterly FederalTax Return, usedto reportemployment taxesSpeakerdrinksfrom theircupEITC:EarnedIncomeTax Credit1099: Form forreportingvarious types ofincome otherthanwages/salaryThe text onthe screenis too smallto readQBI:QualifiedBusinessIncomeDoubleTaxation:income taxespaid twice onthe sameincome sourceSomeone isseen oncamera thatwas notsupposed to beseenSchedule C (Form1040): Used toreport annualincome or lossfrom a soleproprietorshipbusinessSpeakerwalksbackwardsPass Through Entities:legal entity whereincome "flows through"to investors or owners;that is, the income ofthe entity is treated asthe income of theinvestors or ownersSchedule E: reportincome or loss fromrental real estate,royalties, partnerships,S corporations,estates, trusts, andresidual interests inreal estate mortgageinvestment conduitsC Corp: CCorporationK-1: Formreportingpartnership/Scorp incomeAET:AccumulatedEarnings TaxSomeonesays "isanyoneelse cold"Form W-3:Transmittal ofWage and TaxStatements, sentto the SocialSecurityAdministrationAGI:AdjustedGrossIncomeNet Income:amount of moneyleft aftersubtracting costs,allowances, andtaxes from grossincomeSpeakeris offcameraForm 1065:Annualreturn ofincome forpartnershipsIRS:InternalRevenueServiceSpeakerbrings uptheirspouseSpeakerwalksaroundthe tableForm 941:Employer'sQuarterly FederalTax Return, usedto reportemployment taxesSpeakerdrinksfrom theircupEITC:EarnedIncomeTax Credit1099: Form forreportingvarious types ofincome otherthanwages/salaryThe text onthe screenis too smallto readQBI:QualifiedBusinessIncomeDoubleTaxation:income taxespaid twice onthe sameincome sourceSomeone isseen oncamera thatwas notsupposed to beseenSchedule C (Form1040): Used toreport annualincome or lossfrom a soleproprietorshipbusinessSpeakerwalksbackwardsPass Through Entities:legal entity whereincome "flows through"to investors or owners;that is, the income ofthe entity is treated asthe income of theinvestors or ownersSchedule E: reportincome or loss fromrental real estate,royalties, partnerships,S corporations,estates, trusts, andresidual interests inreal estate mortgageinvestment conduitsC Corp: CCorporationK-1: Formreportingpartnership/Scorp incomeAET:AccumulatedEarnings TaxSomeonesays "isanyoneelse cold"Form W-3:Transmittal ofWage and TaxStatements, sentto the SocialSecurityAdministrationAGI:AdjustedGrossIncome

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