Unit 2 Vocab

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Across
  1. 1. form filled out by employee so government can estimate how much in taxes to take
  2. 2. used to annually file income tax returns.
  3. 6. Used by employers to verify identity of employee
  4. 7. paper that shows paycheck and how much taken out for taxes
  5. 9. the tax on annual earnings taken from everyone for the federal government.
  6. 12. fixed regular payment
  7. 13. Internal Revenue service
  8. 15. the take-home pay
  9. 17. amount deducted away from taxes
  10. 18. how much money made in a year
Down
  1. 1. tells the employer the amount of money to withhold from the employee for taxes.
  2. 2. documents different types of payments made by an individual or business that isn’t your employer.
  3. 3. Taxes federal payroll tax
  4. 4. tax that takes based off how much money made
  5. 5. A year from January 1 to December 31 where tax liability is accrued
  6. 8. money taken from people by a government
  7. 10. money received on a regular basis
  8. 11. Evasion the illegal action of not paying taxes.
  9. 14. monetary income
  10. 16. how much earned before taxes