Money in this country is collected from citizens and redistributed according to priorities determined by _________.
Money collected by the government from various sources is known as _________.
A tax that increases in proportion to increases in income is known as a(n) _________
Money earned by individuals that is subject to taxation is called _________ income.
In order to avoid itemizing deductions, a person may elect to take the _________, which is a flat amount.
Money paid to a former spouse (which is taxable income) for that person’s support
Money paid to a former spouse (which is not taxable income) for the support of dependent children is called _________.
Expenses that can be subtracted from gross income.
8. The amount remaining when adjustments are subtracted from gross income is called _________.
When all sources of taxable income are added together, the total is called _________ income.
An amount that can be subtracted from your income for each person who depends on your income to live.
A(n) _________ tax allows a higher-income person to pay a lower percentage of income in taxes than a lower-income person.
To intentionally fail to pay taxes owed is to commit a serious crime called _________.
A tax system that is based on _________ requires all citizens to be responsible for preparing and filing their tax returns on time and paying taxes due.
A type of tax for which the rate stays the same regardless of income.
A(n) _________ is an amount subtracted directly from tax owed.
An administrative agency of the federal government that collects taxes and enforces tax laws.
An examination of tax returns by the IRS.

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Filing Tax Returns


chp 3. vocab


Chapter 7


Crime and Law 1


Gross Income

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