Chapter 12 Vocab

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Across
  1. 1. Base / The maximum amount of earnings on which a tax is calculated is called
  2. 3. Allowance / A deduction from total earnings for each person legally supported by a taxpayer
  3. 4. period / The period covered by a salary payment
  4. 5. / The money paid for employee services
  5. 7. Earnings record / A business form used to record details affecting payments made to an employee
  6. 8. Security Tax / A federal tax paid for old-age, survivors, and disability insurance.
Down
  1. 1. Earnings / The total pay due for a pay period before deductions
  2. 2. Tax / A federal tax paid for hospital insurance
  3. 4. Taxes / Taxes based on the payroll of a business
  4. 6. pay / The total earnings paid to an employee after payroll taxes and other deduction