income and taxes Word Scramble
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question | answer |
amount of pay earned before taxes | net pay |
the amount that is allowed or granted | Allowance |
a company's net profits after deducting distributions to the stockholders | acumulated earnings |
service charge assessed by a broker | commisions |
the amount of cash that may be taken away | Deduction |
depending on a person or thing for aid, support, life, | dependent |
The electronic transfer of a payment directly from the account of the payer to that of the party being paid. | direct deposit |
income derived from paid employment and comprising mainly wages and salaries | Earned Income |
A person who works for another in return for financial or other compensation | employee |
to engage people in the servises of work | employer |
The act or an instance of exempting | exemptions |
A tax levied on net personal or business income. | federal income tax |
Federal Insurance Contributions Act | FICA |
The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as profit from financial investments. | income |
Tax deducted from the wages of every legally working American that is used to pay for the Medicare program provided to individuals over the age of 65 | medicare tax |
a tax that goes to A government program that provides economic assistance to persons faced with unemployment | social security tax |
United States federal tax form issued by employers and stating how much an employee was paid in a year | w-2 form |
A form that employees fill out when starting a job in the United States | w-4 form |
Used in the context of securities, the illegal practice of a public offering participant keeping some shares in a private account or with a family member, employee, or dealer to profit from the higher market price of a hot issue. | withholding |
amount of pay earned before taxes | gross income |
Created by:
CarolAnnFALLO
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