income received from employment
payment for work that is usually calculated on an hourly, daily, or piecework basis
amount paid for working time in a week that is beyond standard 40-hour workweek
wage based on a rate per unit of worked completed
fixed payment for work and is expressed as an annual figure
income paid as a percentage of sales made by a salesperson
money paid for service beyond what is required
money added to an emplyees base pay
total income before payroll deductions
subtraction from gross pay
Employees withholding allowance certificate that helps an employer determine how much income tax to withhold from an employees paychecks as payroll deductions
individualwho relies on someone else for financial support
gross pay (plus bonuses) minus payroll deductions
taxes paid by the employee and employer that are used to finance the federal social security and medicare programs
form of non cash compensation received in addition to a wage or salary
wages and salaries and benefits paid to employees
amount of time an individual spends at work compared to the amount of time spent in a personal life
wage and tax statement taht shows an individuas earningsnand the amounts of taxes withheld from the earned income during the current year
all the income an individual receives in a year including earned and unearned income
amount on which taxes are calculated
calculated by subtracting adjustments from total income
amount that is subtracted from adjusted gross income,which further reduces taxable income
allowed expense that can be deducted from adjusted gross income
amount that a taxpayer can claim for each person who is dependent on that persons income
amount of total tax owed on income for the year
detailed examination of a tax return by IRS
legal authority to impose a payment
payment made to an individual from federal government through various social benefit programs
expense item that can be adjusted according to needs and revenues
tax levied on one person, but shifted to or paid another
paid DIRECTly to government
imposes a higher tax rate on those with higher incomes
effect of imposing a higher tax rate on those with lower incomes
imposes the same tax rate on all individuals or entities regardless of differences

Add, edit, delete clues, and customize this puzzle. Print copies for an entire class.

Money Terminology


Paycheck Basics




Chapter 12 payroll


Payroll Vocab


Unit 2 Vocabulary




Gross Income

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