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Chp 7: INCOME TAXES VOCAB

Across
A filing status of unmarried person without children
A tax rate that decreases as income increases
The long form for filing taxes
When taxpayer uses tax rules to lower their tax that's due
A tax paid on goods or services
An allowable reduction on income taxes based on filing status
A form used to itemize deductions to subtract from income
Info included on tax forms that lowers taxes ex. dependents
A part of paycheck that lists all the wages earned by worker
A form of payment to the employees for work done
A person that the taxpayer supports financially
Down
Taxes on assessed value on property that is owned
Same as flat tax
When individual deductions are listed on the tax form
Earnings that are taxable
Amount of money a person must pay to IRS
An amount subtracted from the income tax owed
Total pay before taxes are taken out
When a taxpayer lies about the info on tax forms
Amount of money a worker takes home after deductions