Pass Through Entities:legal entity whereincome "flows through"to investors or owners;that is, the income ofthe entity is treated asthe income of theinvestors or ownersAET:AccumulatedEarnings TaxK-1: Formreportingpartnership/Scorp incomeIRS:InternalRevenueServiceSpeakeris offcameraNet Income:amount of moneyleft aftersubtracting costs,allowances, andtaxes from grossincomeForm W-3:Transmittal ofWage and TaxStatements, sentto the SocialSecurityAdministrationForm 941:Employer'sQuarterly FederalTax Return, usedto reportemployment taxesSpeakerdrinksfrom theircupEITC:EarnedIncomeTax CreditSchedule E: reportincome or loss fromrental real estate,royalties, partnerships,S corporations,estates, trusts, andresidual interests inreal estate mortgageinvestment conduitsSchedule C (Form1040): Used toreport annualincome or lossfrom a soleproprietorshipbusinessAGI:AdjustedGrossIncomeQBI:QualifiedBusinessIncomeSpeakerbrings uptheirspouseSomeonesays "isanyoneelse cold"1099: Form forreportingvarious types ofincome otherthanwages/salaryC Corp: CCorporationSpeakerwalksaroundthe tableThe text onthe screenis too smallto readSpeakerwalksbackwardsSomeone isseen oncamera thatwas notsupposed to beseenForm 1065:Annualreturn ofincome forpartnershipsDoubleTaxation:income taxespaid twice onthe sameincome sourcePass Through Entities:legal entity whereincome "flows through"to investors or owners;that is, the income ofthe entity is treated asthe income of theinvestors or ownersAET:AccumulatedEarnings TaxK-1: Formreportingpartnership/Scorp incomeIRS:InternalRevenueServiceSpeakeris offcameraNet Income:amount of moneyleft aftersubtracting costs,allowances, andtaxes from grossincomeForm W-3:Transmittal ofWage and TaxStatements, sentto the SocialSecurityAdministrationForm 941:Employer'sQuarterly FederalTax Return, usedto reportemployment taxesSpeakerdrinksfrom theircupEITC:EarnedIncomeTax CreditSchedule E: reportincome or loss fromrental real estate,royalties, partnerships,S corporations,estates, trusts, andresidual interests inreal estate mortgageinvestment conduitsSchedule C (Form1040): Used toreport annualincome or lossfrom a soleproprietorshipbusinessAGI:AdjustedGrossIncomeQBI:QualifiedBusinessIncomeSpeakerbrings uptheirspouseSomeonesays "isanyoneelse cold"1099: Form forreportingvarious types ofincome otherthanwages/salaryC Corp: CCorporationSpeakerwalksaroundthe tableThe text onthe screenis too smallto readSpeakerwalksbackwardsSomeone isseen oncamera thatwas notsupposed to beseenForm 1065:Annualreturn ofincome forpartnershipsDoubleTaxation:income taxespaid twice onthe sameincome source

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