Definitions
Taxes
Forms
Income
Random
100

What is withholding's

the portion of an employee's pay held back to cover taxes and other deductions.

100

Tax Bracket 

the income ranges in which tax rates apply

100

form 1098

report mortgage interest 

100

Gross 

The amount you earn before taxes and other payroll deductions 

100

Most followed person on Instagram 

Christiano Ronaldo 

200

National Debt 

the total amount of debt a country owes

200

Tax credit 

an amount of money a taxpayer can subtract from the taxes they owe

200

form 1098-E

report interest paid on student loans 

200

Net 

What a person earns after payroll taxes and other deductions are taken out referred to as take home pay 

200

Most streamed album of 2022 right now 

Un Verano Sin Ti- Bad Bunny

300

Fiscal spending 

spending more than you earn

300

inheritance tax 

a state tax on an asset an individual received from someone who has passed away 

300

form 1099- MISC

report amount a client paid you for freelance or contract work.

300

Passive 

money earned on a regular basis with little or no effort required to maintain it  
300

What season did Kim Kardashian lose her diamond earring?

 

Season 6

400

deficit spending

spending more than you earn an economic policy 

400

Tax schedule 

a special tax form to report certain types of income or deductions.

400

form 1099-INT 

report interest earned on savings and investments 

400

Portfolio 

Income from an investment sold at a higher price than you paid for it 

400

When did we land on the moon 

never it was fake 

500

paper asset

a representation of stocks,bonds,currencies,mutual funds ect.

500

Capital gains tax

a tax on the positive difference between the sale price and the value of a gift

500

from 1099-DIV

report dividends earned on investments.

500

Earned 

Any income that is generated by the work someone performs 

500

What shoe size is Ms.Chatten 

7 1/2

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