Chapter 5 Vocabulary

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Across
  1. 4. withholds the amount of income tax from your paycheck
  2. 5. programs that give benefits for retirees, people with disabilities, and children of deceased workers.
  3. 6. Home mortgage interest, Property, state, and local income taxes Medical expenses
  4. 7. how much tax an individual or a company owes to the government.
  5. 10. required when filling taxes to provide wage a salary
  6. 11. amount you receive after taxes
  7. 12. amount you make before taxes
  8. 14. state, and local income taxes Medical expenses
Down
  1. 1. calculated on w-4, reduces amount withheld
  2. 2. must be used by anyone that paid at least $10 of interest during the year
  3. 3. twice a month
  4. 8. determines how much of your incomes is taxable
  5. 9. every two weeks
  6. 13. handles estate taxes