Across
- 4. A tax free retirement account
- 5. one of the top categories that our taxes are used
- 7. $12,550 for 2021
- 8. Lowers your tax liability
- 11. single, have a dependent
- 13. determines which tax bracket you're in
- 14. Higher income means higher tax rate
- 15. You will pay taxes later.
Down
- 1. claim each individual deduction
- 2. All incomes pay the same tax rate
- 3. A tax deferred retirement account
- 6. Lowers your taxable income
- 9. month you need to file your taxes in
- 10. profits from selling assets (stocks, etc)
- 12. average tax rate on your entire income
- 16. you don't earn enough to pay taxes