| A | B |
|---|
| Alimony | Money that is paid to support a former spouse |
| Progressive taxes | Increased in portion according to your income |
| Audit | A fine for putting incorrect information on your taxes |
| Deductions | Expenses that are allowed by the law to be subtracted from your adjusted gross income |
| Exemptions | An allowance a tax payer claims for each person who is dependent on the tax payer's income |
| Gross income | All the taxable income you recieve. Wages, tips, salaries, interest, dividends, alimony, and unemployment compensation benefits |
| Child supprt | Money that is paid to support a dependent child for a former spouse |
| Adjusted gross income | Adjustments taken from your gross income |
