Simple Money
Government and Government programs
Income
Taxes and Returns
Randomized Category
100
A payment for work and is usually computed on an hourly, daily, or piecework basis.
wage
100
a federal program that provides income when earnings are reduced or stopped because of retirement, serious illness/injury, or death.
Social Security
100
The income you receive from employment.
Earned Income
100
Employee's Withholding Allowance.
Form W-2
100
The payment and benefits received for work performed.
Compensation
200
The lowest hourly wage an employer can pay
minimum wage
200
The cost of goods and services you by?
Expense
200
Wages or salary before payroll deductions.
Gross Income
200
Wage and Tax Statement.
Form W-2
200
A form of nonmonetary compensation received in addition to a wage or salary.
employee benefit
300
Payment for work that is expressed as an annual figure
salary
300
A government payment or benefit promised by law to eligible citizens.
entitlement
300
A subtraction from your gross income.
payroll deduction
300
An expense that can be subtracted from taxable income.
tax deduction
300
Money added to an employee's base pay.
bonus
400
Money paid for service beyond what is required.
tip
400
A federal program that pays for older citizens with disabilities.
Medicare
400
Earnings from sources other that work?
unearned income
400
a tax benefit that reduces the amount of income that is taxed.
exemption
400
Paid by financial institutions, businesses, and government in exchange for the use of customers' money.
interest
500
A wage based on a rate per unit of work completed.
Piecework income
500
A government program that pays certain health care costs for eligible low-income individuals and families.
Medicaid
500
Gross income (plus bonuses, if you get them), minus payroll deductions
Net Income
500
An amount you can subtract from the taxes you owe, if you are eligible.
tax credit
500
A limitation that affects a person's ability to function in major life activities.
disability
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