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Financial Literacy: Taxes & Paychecks Crossword

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Taxes & Paychecks vocabulary

Created Date 04.29.19
Last Updated 04.29.19
Viewed 27 Times
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  • 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