Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove Ads
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how


Taxes and Calculating Pay

Federal income tax A pay deduction required by law that supports the federal government
Deductions Taxes and other money withheld from an employee’s gross pay.
403B or 401K Money employees set aside or invest for retirement.
Social Security tax A federal tax that supports elderly, disabled, or orphaned citizens.
State income tax A pay deduction required by law that supports the state government.
Deductions taxes, money taken out your paycheck
W-2 Shows how much you earned and how much tax you paid for the entire year.
W-4 Fill out this form so your employer knows how much tax to take out of your paycheck.
Gross Pay your pay BEFORE taxes and other deductions.
Net Pay Take Home Pay. The amount of your check AFTER taxes and other deductions.
Medicare Social health insurance program
Progressive Tax The more you make the more taxes you pay.
Regressive Tax Everyone regardless of income pays the same amount. Example: Sales Tax
Benefits Received This principle says: If you use the service, you pay the tax. Examples: Bridge and Road Tolls
Ability to Pay This principle says: The amount of tax you pay should be based on how much you earn.
Created by: sanmuth