Tax Time Terms

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Across
  1. 6. provision that reduces taxable income.
  2. 7. the process of freeing or state of being free from an obligation or liability imposed on
  3. 8. a specific dollar amount that reduces the amount of income on which you're taxed.
Down
  1. 1. to the principle that citizens will cooperate with their government by filing honest and accurate annual returns.
  2. 2. dollar-for-dollar reduction of the income tax you owe.
  3. 3. refusal to give something that is due or desired.
  4. 4. the portion of your gross income that the IRS deems subject to taxes
  5. 5. gross income minus adjustments to income.