This is a thing providing protection against a possible eventuality.
What is Insurance?
100
This is the company giving coverage.
What is Insurer?
100
This form gets filled out one time when you start a job.
What is W-4?
100
This is money deducted form your paycheck.
What is Deductions?
100
This is what IRS stands for.
What is Internal Revenue Service?
200
This is the monthly cost of insurance that you pay whether you use the insurance or not.
What is Premium?
200
Person covered by insurance.
What is Insured?
200
This form summarizes earnings, deduction, and and taxes withheld for the year.
What is W-2?
200
This is when your employer withhold's taxes and sends them to the IRS.
What is Withholding's?
200
Government agency that collects taxes.
What is IRS?
300
This is the amount insurance wants you to pay before they start paying.
What is Deductible?
300
This is what and how much is covered by the insurance.
What is Coverage?
300
Allows employer to take part of your paycheck as taxes and sends it to the IRS.
What is what employer can do with W-4
300
This is what you pay BEFORE deductions and withholding's.
What is Gross Pay?
300
This is the tax you get if you make a profit on an investment.
What is Capital Gains Tax?
400
This is when you ask insurance to pay because something happened.
What is the claim?
400
This is the agreement between the insurer and the insured.
What is a Term?
400
This is how often you get the W-2 form.
What is received annually from your employer?
400
This is the part of the paycheck that is left after deductions and withholding's; the amount you keep.
What is Take home pay (net pay)?
400
This is tax a tenant does not have to pay.
What is Property Tax?
500
This is a portion of the claim the insurance wants you to pay.
What is Co-Pay
500
This is types of insurance.
What is Auto, Vision Medical, Life, Homeowners, Dental, Business, Renters?
500
This is a Tax Return you file once a year with the IRS
What is 1040EZ
500
This is the equation for Net Pay.
What is Gross Pay - Deductions & Withholding's = Net Pay
500
These are types of Taxes.
What is Federal Income Tax, State Income Tax, Property Tax Sales Tax, Social Security Tax, Medicare Tax, Unemployment Tax, Disability Tax, and Capital Gains Tax