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Types of Insurance
Types of payments
Types of taxes
Tax terms
More tax terms
100
The type of insurance used for vehicles.
What is auto insurance ?
100
What and how much is covered by insurance.
What is coverage ?
100
The amount added when an item is purchased.
What is sales tax ?
100
The government agency that collects taxes
What is Internal Revenue Service(IRS) ?
100
This is when money is deducted from your paycheck.
What is deductions ?
200
The type of insurance used for getting medical care.
What is medical insurance ?
200
An agreement between the insurer and insured.
What is a term ?
200
Type of tax that is used when you cannot work due to an injury.
What is disability tax ?
200
The form you fill out one time when you start a job.
What is W-4 ?
200
This is when your employer withholds taxes and sends them to the IRS.
What is withholding ?
300
The type of insurance used when you cannot work due to an injury.
What is disability ?
300
The monthly cost of insurance and you pay it whether you use it or not.
What is premium ?
300
The tax used when you make a profit on an investment.
What is capital gains tax ?
300
This form also allows your employer to take part of your paycheck for taxes and send it to the IRS
What is W-4 ?
300
This is due by April 15th for the previous year.
What is 1040EZ ?
400
The type of insurance used for a business.
What is business insurance ?
400
When you ask insurance to pay because something has happened like car accident, house burned down, or even getting sick
What is claim ?
400
The tax used when you do not have a job.
What is unemployment tax ?
400
What your pay is before deductions and withholding's.
What is gross pay ?
400
This is the amount you get to keep after deductions and withholdings.
What is take home/net pay ?
500
The insurance used when renting a house.
What is renter's insurance ?
500
The portion of the claim the insurance wants you to pay. Also used for a medical visit.
What is co-pay ?
500
Tax used when you visit the doctor or any medical emergency.
What is medicare tax ?
500
You file this once a year with the IRS.
What is 1040EZ
500
This summarizes earnings, deductions, and taxes withheld.
What is W-2 ?