| A | B |
|---|
| Dependent | A person who relies on someone else for support |
| Earned Income | Includes wages, slaries, tips, and other earningsand inco,e |
| File a Return | To mail or submit to the IRS information about income and tax liability |
| Filing Status | Based on a taxpayers marital status and other factors. |
| Income Taxes | Taxes on salaries, tips, wages, commission. |
| Personal Income Tax | A tax based on the amount of taxable income people receive annually. |
| Property Taxes | Taxes on automobiles, real estate, boats, etc. |
| Sales Taxes | Taxes on retail products based on a percentage of retail cost. |
| Standard Deduction | Tax determined by filing status of age, dependency that can be deducted before tax. |
| Tax Deductions | Part of a person's total expenditures that can be subtracted from income. |
