Income And Taxes
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| AllowanceA sum of money paid regularly to a person | Allowance
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| an accounting term that is applied to stockholders of closely held businesses | Accumulated Earnings
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| a fee paid based on a percentage of the sale made by an employee or agent, as distinguished from regular payments of wages or salary | Commissions
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| An amount that is or may be deducted from something, esp. from taxable income or tax to be paid | Deduction
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| A person who relies on another, esp. a family member, for financial support | Dependent
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| The electronic transfer of a payment directly from the account of the payer to the recipient's account | Direct Deposit
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| Money derived from paid work | Earned Income
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| A person employed for wages or salary, esp. a nonexecutive | Employee
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| A person or organization that employs people | Employer
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| Exemptions
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| Federal Income Tax
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| FICA
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| Gross Income
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| Income
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| Medicare Tax
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| Net Income |
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| Social Security Tax |
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| W-2 Form |
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Created by:
Jpeay13
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