Across
- 3. the money you actually get to take home and spend after deductions
- 8. IRS requires employers to report wage and salary information for employees on this form
- 11. one of the official documents (most common one) that US taxpayers use to file their annual income tax
- 12. a document that is provided with each paycheck and that shows the amount of money that the employee earned and the amount that was removed for deductions
- 13. collects income taxes for the Federal Government
- 14. higher rates of tax on higher levels of income
- 16. cash amounts taken out of the emoployee's gress wages that include taxes and contributions
- 17. income received from taxes by a government
- 18. verifies identity and employment authorization of individuals hired for employment in the US
- 20. a federal payroll tax that is deducted from each paycheck for medicare and social security
Down
- 1. if you are an independent contractor or self-employed, the work you do may be the same as an employee, but will recieve an earnings statement on this form
- 2. money an individual or business receives, usually in exchange for providing a good service or through investing capital
- 4. an illegal activity in which a person or entity deliberately avoids paying a true tax liability
- 5. the time period, generally between Jan 1 and April 15 of each year, when individual taxpayers prepare financial statements and reports for the previous year and submit their tax returns
- 6. IRS tax form that is filled out by employees to indicate their tax situation to their employer
- 7. the money you earn before any deduction
- 9. provides for national programs such as national defense, veterans and foreign affairs, social programs, law enforcement, and interest on the national debt
- 10. the amount per hour people are paid
- 15. the amount per year people are paid
- 19. a required payment to a local, state, or national(federal) government