"Ch 18 Income & Taxes _PBM": HTML5 Crossword

Across

2. An expense that is equal in amount each budget period is a(n) __ expense. (5)
4. A tax ___ is an amount that is subtracted from adjusted gross income, which further reduces taxable income. (9)
7. Amount on which taxes are calculated is your taxable __. (6)
8. The difference between a budgeted dollar amount & the actual dollar amount is a(n) __ (8)
10. During a(n) __, financial records and statements are reviewed to make sure the information is accurate as reported. (5)
11. Form W-4 is completed _ you are hired to determine your payroll deductions. (6)
12. A fixed payment for work & is expressed as an annual figure is a blank. (6)
13. Earnings from sources other than work. (8)
15. An expense that can go up and down during the budget period is a(n) __ expense. (8)
17. A personal __ is a financial plan used by individuals to project anticipated earnings & show how they will be allocated. (6)
18. __ income includes earned and unearned income. (5)

Down

1. A person who has the ability to understand basic topics related to finance is __ (two words, no spaces) (18)
3. Form W-2 shows ___ & tax deductions withheld during the year. You need this to file your taxes. (8)
5. An amount that a taxpayer can claim for each person who is dependent on that person's income is a(n) ___. (9)
6. Gross pay minus payroll deductions. (two words, no spaces) (6)
9. Payment for work & is usually calculated on an hourly, daily, or weekly basis. (4)
14. Income received from employment or self-employment. (6)
16. A report containing information used to calculate taxes owed by a taxpayer is called a tax __. (6)