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| the income you receive from employment |
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| payment for work and is usually computed on an hourly, daily, or piecework basic |
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| the lowest hourly wage employers can pay most workers by law |
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| a wage based on a rate per unit of work completed |
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| payment for work that is expressed as an annual figure |
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| income paid as a percentage of sales made by a salesperson |
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| gratuity, is money paid for service beyond what is require |
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| money added to an employee's base pay |
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| the payment and benefits received for work performed |
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| form of nonmonetary compensation received in addition to a wage salary |
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| wages or salary before payroll deductions |
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| a subtraction from your gross income |
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| FICA (Federal Insurance Contributions Act) |
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Definition
| it's 7.56 percent of earning |
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| earnings from sources other than work |
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| is paid by financial institutions, businesses, and government in exchange for the use of customers money |
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| is a government payment or benefit promised bvy law |
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| a federal program that provide when earnings are reduced or stopped because of retirement |
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| a federal program that pays for certain health care expenses for older citizens and other disability |
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| a limitation that effects a person's ability to function in major life activities |
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| a government program that pays certain health care costs for eligible low income |
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Term
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Definition
| this form is called the employees withholding allowance certificate |
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Definition
| this form is called a wage and tax statement and is usually mailed to your home |
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Term
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| an expense that can be subtracted from taxable income |
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| a taxing benefit that reduce the amount of income that is taxed |
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Term
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Definition
| an amount of taxes you owe, if you eligle |
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