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Financial Literacy: Taxes & Paychecks Crossword
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Finance
Taxes & Paychecks vocabulary
By
Ethan Hancock
Created Date 04.29.19
Last Updated 04.29.19
Viewed 27 Times
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Topics of this game:
national legislative body of U.S. consisting of the Senate and House of Representatives as a continuous insti
Internal Revenue Service; federal bureau which collects taxes every year and turns the money over
executive agency responsible for promoting economic prosperity and ensuring financial security of the US
amount, based on percentage of one’s taxable income, paid to the U.S., and in some cases, to the state
amount, based on a percentage of a purchase, paid to the state and local governments in which one lives
amount, based on a percentage of property value, paid to the local governments and school districts
tax, similar to a sales tax, imposed on some goods
amount, based on the value of one’s estate, which one’s heirs or beneficiaries will pay to the government
tax imposed on the transfer of money or property from one living person to another by gift, payed by donor
person who relies on another for financial support
amount deducted from a paycheck by an employer on the employee’s behalf to pay federal income
Federal Insurance Contributions Act; a Social Security retirement tax
amount of income before taxes and other deductions
the U.S. Social Security Administration which reimburses hospitals and physicians for medical care
amount of income after taxes and other deductions; also known as take-home pay
government program which provides economic assistance to a person faced with unemployment
monetary credit received on one’s tax return for each person claimed as a dependent
amount paid before commission
fixed amount of money paid to a person on a regular basis for services rendered
sum of money given to an employee in addition to the employee’s usual compensation
payment for work done per hour
base hourly wage set by the federal government
salary range set by the government for all government jobs
payment for additional work done outside of regular working hours
amount of money one is paid at the beginning of a job
percentage paid of each sale, no base salary is available
amount of one’s salary remaining after federal, state and often city income taxes
working on a contractual basis rather than being employed by a specific company, giving tax
social insurance program which provides unemployment compensation for a limited period
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