Income and taxes Word Scramble
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Question | Answer |
4. A price reduction, especially one granted in exchange for used merchandise | Allowance |
To gather or pile up; amass | Accumulated |
a. The act of granting certain powers or the authority to carry out a particular task or duty. | Commissions |
1. The act of deducting; subtraction. 2. An amount that is or may be deducted | Deduction |
2. Subordinate | Dependent |
The electronic transfer of a payment directly from the account of the payer to that of the party being paid. | Direct Deposit |
noun income from wages, salaries, fees, or the like, accruing from labor or services performed by the earner. | 7. Earned Income |
person working for another person or a business firm for pay. | 8. Employee |
a person or business that employs one or more people, especially for wages or salary | 9. Employer |
the circumstances of a taxpayer, as age or number of dependents, that allow him or her to make certain deductions from taxable income. | 10. Exemptions |
on all forms of earnings that make up a taxpayer's taxable income, such as employment earnings or capital gains. | 11. Fede Income Taxral |
FICA [fahy-kuh, fee-] Show IPA Federal Insurance Contributions Act: U.S. government legislation under which taxes are levied for the support of Social Security. | 12. FICA |
total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc. | 13. Gross Income |
something that comes in as an addition or increase, especially by chance | 14. Income |
Unearned" Net Investment Income | 15. Medicare Tax |
net income the excess of revenues and gains of a business over expenses and losses during a given period of time. -------------------------------------------------------------------------------- | 16. Net Income |
Created by:
monmiles
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