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.
Help!
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| show | Allowance
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| profits are a company's net profits after deducting distributions to the stockholders. This is calculated as of the beginning of the year. | show 🗑
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| show | Commissions
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| 2.An amount that is or may be deducted from something, esp. from taxable income or tax to be paid | show 🗑
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| Relying on or requiring the aid of another for support | show 🗑
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| show | Direct Deposit
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| Money derived from paid work | show 🗑
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| A person employed for wages or salary, esp. a nonexecutive A person employed for wages or salary | show 🗑
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| show | Employer
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| 2.The process of exempting a person from paying taxes on a specified amount of income for themselves and their dependents | show 🗑
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| An income tax is a tax levied on the income of individuals or businesses | show 🗑
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| Federal Insurance Contributions Act. | show 🗑
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| Gross income in United States tax law is receipts and gains from all sources less cost of goods sold. Gross income is the starting point... | show 🗑
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| Money received, esp. on a regular basis, for work or through investments Money received, esp. on a regular basis, for work or through investments | show 🗑
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| The Federal government has set forth that employers must make deductions from employees’ paychecks for Social Security and Medicare... | show 🗑
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| show | Net Income
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| The Federal Insurance Contributions Act (FICA) tax is a United States payroll | show 🗑
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| show | W-2 Form
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| IRS tax forms are used by taxpayers and tax-exempt organizations to report financial information to the Internal Revenue Service (IRS)... | show 🗑
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| 2.Suppress or hold back | show 🗑
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Or sort by any of the columns using the down arrow next to any column heading.
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Created by:
dre1996
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