FPL VOCAB 05: Taxes

Front

The Wage and Tax Statement sent to you by your employer in January is also known as the _______ form.

Back

W2, W2 form, w-2, w-2 form

Front

The Employee's Withholding Allowance Certificate, used to estimate your withholding is also known as the _______ form.

Back

W4, w-4, w4 form, w-4 form

Front

The U.S. Individual Income Tax Return that must be filed by April 15 is known as the _______ form.

Back

1040, 1040EZ, 1040A

Front

This tax pays for the retirement, disability or survivorship for millions of American's. (technically its insurance)

Back

Social Security

Front

Social Security and Medicare taxes are also known as...

Back

Payroll Tax

Front

This national program subsidizes health care service for anyone over 65.

Back

Medicare

Front

A tax applied uniformly, taking a larger percentage from low-income earners.

Back

Regressive Tax

Front

A range of incomes subject to a certain tax rate is known as a ________.

Back

Tax Bracket, bracket

Front

The federal agency responsible for the collection of taxes and enforcement of tax laws is known as _________

Back

IRS