Review: Paystubs and Taxes

1234567891011121314151617181920
Across
  1. 2. a program that provides financial protection to Americans throughout their lives. It's a social insurance system that pays periodic benefits to people based on their work history, age, disability, or death.
  2. 7. Your pay before deductions
  3. 9. a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
  4. 11. Amount of money taken out to pay for taxes
  5. 12. Acronym for year to date
  6. 14. A check to compensate workers for their labor
  7. 16. a fixed amount of money an employee receives for their work, usually paid on a monthly or annual basis
  8. 18. Given each pay period, this document allows employees view their earnings and deductions.
  9. 19. wage based on the amount of hours you work
Down
  1. 1. The pay you take home, after deductions
  2. 3. Sales tax is a progressive tax because everyone pays different amounts based on their income
  3. 4. the amount you pay is based on income
  4. 5. paid on property such as real estate, boats, automobiles, and recreational vehicles.
  5. 6. A public health insurance program for some people or families with limited incomes and resources, including children, pregnant women, older adults, and people with disabilities.
  6. 8. Tax amount you pay when you buy goods
  7. 9. W-4's allow employers to explain their employee's gross income
  8. 10. Acronym for Federal Income Contributions Act and is deducted from each paycheck.
  9. 13. federal, state, and local taxes that may be collected on income
  10. 15. taxes collected to pay for state funded programs
  11. 17. a from that employees fill out to allow their employer know how much to put aside for Federal Income Tax
  12. 20. form that Employers report the taxes they withhold