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income taxes
| Question | Answer |
|---|---|
| a sum granted as a reimbursement or bounty or for expenses | allowance |
| Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt | |
| The authority to perform a task or certain duties. | Commissions |
| The action of deducting or subtracting something. | Deduction |
| A person who relies on another, esp. a family member, for financial support | Dependent |
| The electronic transfer of a payment directly from the account of the payer to the recipient's account. | Direct Deposit |
| Money derived from paid work | Earned Income |
| A person employed for wages or salary, esp. a nonexecutive. | Employee |
| A person or organization that employs people | Employer |
| The process of exempting a person from paying taxes on a specified amount of income for themselves and their dependents. | Exemptions |
| Federal Income Tax |