Fees charged by the government on products activities or income
Tax imposed by many states, counties and cities on purchases
A state or federal tax placed or non-essential consumer goods
Tax paid by people who own items such as homes, land, and vehicles to the city and/or country where the property is located
The amount the property is worth for tax purposes as determined by city or county assessors
What you would receive if you sold the property
Tax paid on the money one earns from working
Items that can be deducted from one's total income before taxes are assessed
Exemption for someone who cannot be claimed as a dependent by another taxplayer
Exemption for someone who relies on the taxpayer for support including food, clothing and shelter
Amount subtracted from taxable income
Money that was contributed to charities
A list of items that can be deducted from total income
The amount of income subject to income taxes
A schedule in which the tax rate rises as the amount of taxable income increases
Department within the U.S. government
government agency that collects taxes for the U.S. government
Deducted from the wage earner's gross pay by the employer and used to fund federal government programs such as Social Security and Medicare
A federal government program funded through payroll taxes
A federal government program funded through payroll taxes
An amount of money applied directly to the amount of taxes owed to the government
Special credit given to joint taxpayers with taxable income less than $110,000 annually in the amount of $1,000 for each child under age 17
a check or automatic deposit for the amount by which taxes were overpaid

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chp 3. vocab


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