1. Match the Vocabulary word with the definition below. a. Payments to governments that are then used for public goods and services. 1. FICA tax 2. Medicare b. A certain percentage is taken out of your income and is used to fund this program. 3. Payroll Taxes o. This is money that is withheld from your paycheck by your employer and given to the government to 4. Taxes use. 5. Property Taxes d. FICA tax, Medicare tax, federal income tax, state income tax, and other local taxes are all part of a specific tax. ... 6. Income Tax e. Government income that they get from taxes. 7. Internal Revenue Service ...... f. You pay these taxes if you own a home, boat, car, ATV, etc. 8. Withholding g. "Federal Insurance Contribution Act" that funds social security and Medicare. 9. Tax Revenue ... h. Taxes that you pay based on your salary, hourly wage, tips, or interest.

1. Match the Vocabulary word with the definition below. a. Payments to governments that are then used for public goods and services. 1. FICA tax 2. Medicare b. A certain percentage is taken out of your income and is used to fund this program. 3. Payroll Taxes o. This is money that is withheld from your paycheck by your employer and given to the government to 4. Taxes use. 5. Property Taxes d. FICA tax, Medicare tax, federal income tax, state income tax, and other local taxes are all part of a specific tax. ... 6. Income Tax e. Government income that they get from taxes. 7. Internal Revenue Service ...... f. You pay these taxes if you own a home, boat, car, ATV, etc. 8. Withholding g. "Federal Insurance Contribution Act" that funds social security and Medicare. 9. Tax Revenue ... h. Taxes that you pay based on your salary, hourly wage, tips, or interest.

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter22: S Corporations

Section: Chapter Questions

Problem 9DQ

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