Gross and Taxable income
Your gross pay subtracting what was adjusted
Adjusted gross income
A health insurance program for people who earn little money
Medicaid
Taxes that apply to services or goods
Sale taxes
manage the inflow and outflow of cash
Cash Flow
Form W-4
The amount of money you make based on your tax calculations
Taxable Income
Tax that helps with loss in income and benifits
Medicare Tax
Taxes deduced from someone's paycheck for Medicare or social security
Payroll Tax
A negative Cash Flow
Deficit
a form used to make sure you earned your income and payed your taxes
Form 1040
Tax Deduction
Taxes You pay to a state
State income tax
Taxes that are applied onto a car or a house that a person owns
Property Tax
A positive Cash Flow
Surplus
A form that makes sure you are verified for employment
Form I-9
A fixed reduction amount
Standard deduction
Taxes You pay Locally
local income tax
Tax Deducted from someone's paycheck based on their net income
Income Tax
Pay Stub
form that makes a catalog of that is earned outside of a job
Form 1099
to list deductions individually
income the Irs and other Federal programs take
Federal income tax
Amounts of money token out of your paycheck for things such as income tax, payroll tax, etc.
Payroll Deductions
Money that you get to take home with you after deductions
Net pay
A form used to report a employee's annual wages
Form W-2