Incoming Taxes Word Scramble
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Question | Answer |
The act of allowing. | Allowance |
The act of gathering or amassing, as into a heap or pile. | Accumulation |
a. The act of granting certain powers or the authority to carry out a particular task or duty. | Commisions |
The act of deducting; subtraction | Deduction |
Relying on someone or something else for aid, support, etc | Dependent |
The electronic transfer of a payment directly from the account of the payer to the recipient's account. | Direct Deposit |
Money derived from paid work. | Earned Income |
A person employed for wages or salary, esp. a nonexecutive | Employee |
A person or organization that employs people. | Employer |
The process of freeing or state of being free from an obligation or liability imposed on others. | Exemption |
An income tax is a tax levied on the income of individuals or businesses (corporations or other legal entities). Various income tax. | Federal Income Tax |
Federal Insurance Contributions Act | FICA |
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. | Gross Income |
Money received, esp. on a regular basis, for work or through investments. | Income |
A federal system of health insurance for people over 65 years of age and for certain younger people with disabilities. | Medicare |
the excess of revenues over outlays in a given period of time. | Net Income |
Tax imposed by the federal government on. | Social Security Tax |
The W-2 form reports an employee's annual wages and the amount of taxes withheld from his or her paycheck. | W-2 Form |
The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck. | W-4 Form |
Refuse to give. | Witholding |
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cystalwalsh
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