Tax Vocabulary

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Across
  1. 1. Income Money earned from savings accounts, CDs, or loans given
  2. 2. Dollar value assigned to a property
  3. 8. evasion Illegal avoidance of not paying taxes
  4. 10. Cash paid without a paper trail
  5. 11. Collected to fund national programs like SNAP and National Defense
  6. 12. Tax collected by city, county, or other local gov't
  7. 14. Federal Agency that collects taxes and enforces laws
  8. 18. Form showing how much you made and was withheld for the year
  9. 19. Month in which taxes are due
  10. 22. The general increase in prices over time
  11. 24. Total earnings before taxes
  12. 25. Tax added to the price of goods at services at checkout
  13. 26. Fixed amount of money paid to an employee
  14. 27. Your earnings after taxes and deductions
  15. 28. Any money taken out of your paycheck before being paid
  16. 29. Money returned to you if you overpaid your taxes
  17. 31. Not required to pay certain taxes
Down
  1. 1. Someone who works for him/herself and responsible for taxes
  2. 3. Money paid to shareholders from company's profits
  3. 4. Tax on real estate based on value
  4. 5. Tax paid on money you earn from work, investments, or other sources
  5. 6. A set amount the IRS allows you to subtract from your income
  6. 7. The process when submitting your taxes to the IRS
  7. 9. Which state has the lowest excise tax on gas
  8. 13. Someone who relies on you for financial support
  9. 15. Money made from working including tips, wages, and salary
  10. 16. Payments earned based on sales or performance
  11. 17. Amount subtracted directly from the taxes you owe
  12. 18. Earnings based on hourly work
  13. 20. Deduction Amount subtracted from income to reduce taxable income
  14. 21. Extra money paid for services
  15. 23. This program funds social security and medicare
  16. 30. Status Single, married filing jointly, married filing separate, head of household