Across
- 4. The amount of money that an individual or household has to spend or save after federal, state, and local taxes and other mandatory charges are deducted.
- 6. Selective taxes on the sale or use of specific goods and services, such as alcohol and gasoline.
- 8. A dollar amount that can be deducted from an individual's total income, thereby reducing the taxable income.
- 10. Used to determine the amount your employer should withhold from your paycheck for federal income taxes.
- 11. An account to which you can contribute pre-tax or after-tax dollars.
- 13. Taxes that are based on the assessed value of your home.
- 15. An Individual Retirement Account to which you contribute after-tax dollars.
- 19. When the costs and/or revenues of one project/person depend on those of another.
- 22. A financial term describing the assets passed down to individuals after someone dies.
- 23. A savings account that you can use to pay for certain out-of-pocket medical expenses.
- 24. A direct tax levied by a state on income earned in or from the state.
- 25. A federal program in the U.S. that provides retirement benefits and disability income to qualified individuals and their spouses, children, and survivors.
- 26. An employer-sponsored retirement savings plan that offers significant tax benefits while helping you plan for the future.
- 28. A tax on any profit you make from the sale of a capital asset, such as property or equities.
- 29. A tax on your right to transfer property at your death.
Down
- 1. A retirement plan offered by public schools and certain 501(c)(3) tax-exempt organizations.
- 2. The total income produced by a given source
- 3. A type of retirement plan where employers promise to pay a defined benefit to employees for life after they retire.
- 5. An expense that can be subtracted from a taxpayer's gross income in order to reduce the amount of income that is subject to taxation.
- 7. When you leave the workforce behind.
- 9. A U.S. government health insurance program that subsidizes healthcare services.
- 12. A public health insurance program that provides health care coverage to low-income families and individuals in the United States.
- 14. A form on which a person or organization presents an account of income and circumstances, used by the tax authorities to determine liability for tax.
- 16. A type of tax governments impose on the income that businesses and individuals generate.
- 17. An investment account that offers tax-free withdrawals and other benefits when used to pay for qualified education expenses.
- 18. A tax imposed on the sale of goods and services.
- 20. The amount of money that you have left for spending, investing, or saving after you've paid your taxes and paid for personal necessities.
- 21. When the tax collected is credited to the country's government.
- 27. A mandatory payment or charge collected by local, state, and national governments from individuals or businesses.