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Chapter 12 Tax Crossword

Ms. Roberson: Ms. Roberson
Across
State tax collected on the property left by a person to his or her heirs in a will
An adjustment to the tax withheld from your paycheck, based on your marital status and whether you have dependents.
Amt. of money subtracted directly from taxes owed. (opposite of debit)
Gross income after calculating certain reductions (adjustments)
Specific expense (medical) that you deduct from adjusted gross income.
Total amount of taxes owed
Tax on wages, salaries, and self-employed earnings
Down
A form such as 1040 or 1040EZ on which a taxpayer reports how much money he received from work and exact taxes that are owed
Expense subtracted from adjusted gross income to figure your taxable income. (rhymes w/reduction).
Filing Form 4868 allows you to file your income tax return 4 months later. But you still MUST PAY your ESTIMATED taxes by April 15.
Deduction from adjusted gross income for the taxpayer, the spouse and dependents.
An amt. of money set by the IRS that is not taxed (2016 is $6,300)
Federal tax collected on the value of a person's property at the time of his or her death
Adjusted gross income less any allowable tax deductions and exemptions