Ramsey Ch. 10 review

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a one-year period that governments or companies use for financial reporting

a special tax form to report certain types of income or deductions

a tax on goods and services that goes to a state or local government

an official IRS inspection of a tax return to make sure the income and deductions are accurate

the amount subtracted from gross pay, which results in your net pay

the dollar amount people can subtract from their income before the tax is calculated

a report that a taxpayer has to submit annually to the government and is used to determine a person‘s tax liability

money paid by the hour and for an agreed number of hours per week; especially for unskilled or manual labor