| A | B |
|---|
| taxes | MONEY THAT YOU MUST PAY TO GOVERNMENT |
| income tax | tax on the money you earn |
| form W-4 | a form that tells your employer how much money to withhold for taxes |
| Internal Revenue SERVICE (IRS) | Government agency collect taxes |
| dependent | a person who is supported by someone else |
| gross pay | the amount of pay you earn |
| net pay | the amount of pay you receive on your check |
| deduction | taken away or out of gross pay |
| FICA | Social Security tax |
| SOCIAL SECURITY | program that helps disable & retired people |
| Form 1040EZ | the simplest federal income tax form |
| TeleFile system | filing your income tax by phone |
| tax preparer | a person you can pay to fill out your tax forms |
