INCOME TAX VOCABULARY

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Across
  1. 2. tax used to discourage certain behaviors
  2. 5. federal benefit to provide health insurance to the elderly
  3. 7. federal health insurance for low income people
  4. 9. yearly earnings
  5. 10. tax on money or property gifted to someone
  6. 11. annual income tax form
  7. 14. income before taxes
  8. 18. compensation for working
  9. 19. taxes on any form of real estate; land, buildings, etc.
  10. 21. annual tax form used to report income and taxes
  11. 22. Internal Revenue Service
  12. 24. avoiding paying taxes
  13. 25. tax rate that increases along with income (US tax system)
Down
  1. 1. end-of-year statement of earnings and taxes withheld
  2. 3. income after taxes
  3. 4. tax that pays for government programs
  4. 6. federal benefit to provide income to the retired
  5. 8. form used for an employee's tax situation
  6. 12. social security and medicare
  7. 13. income received from taxes by the government
  8. 15. taxes, insurance, etc.
  9. 16. money deducted from income that goes to government
  10. 17. tax system that taking the same percentage of income from everyone
  11. 20. wages and/or salary
  12. 21. tax system taking a larger percentage of income from people with lower income
  13. 23. credit an amount of money that reduced the actual tax owed