Tax Terms

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Across
  1. 3. Category in which one files their taxes
  2. 4. An inspection of one's taxes
  3. 8. annual report sent to IRS
  4. 9. any money earned by working
  5. 11. Tax system that more you make the more you pay
  6. 13. An amount that reduces your taxable income
  7. 14. Health insurance for low income
  8. 15. An amount deducted from tax liability
  9. 17. Money that goes to social security & medicare
  10. 18. Tax paid on items such as gas
  11. 19. An amount that is overpaid and returned to taxpayer
  12. 21. Money received from sources other than employment
  13. 23. spending that must be voted on
  14. 25. Form used for all non-employee compensation
  15. 26. Form given to employee by employer at the end of the year
  16. 28. Form filled out by a new employee
  17. 29. An amount deducted directly from tax owed
  18. 30. A summary of your paycheck details
  19. 31. taxes paid to federal & State by employee
  20. 32. Actual rate you pay on your taxes
Down
  1. 1. Spending that is not flexible
  2. 2. Money set aside that can be deducted per dependent
  3. 5. income earned on CD's or savings account
  4. 6. Taxes that employers pay
  5. 7. A range of income amounts
  6. 8. Percentage that taxes are paid on each dollar of income
  7. 10. The bracket that your highest dollar of income falls into
  8. 12. Someone you financially support
  9. 16. Income used to calculate income tax due
  10. 20. money paid to shareholders
  11. 22. Health insurance for elderly
  12. 24. Form used to prove employees identify
  13. 25. Form used to file tax returns
  14. 26. A portion of wages that is kept out of paycheck
  15. 27. profit from selling an asset