1.
IRS form for profit or loss from buisness
2.
Having to pay taxes throughout the year as you earn money
3.
payments you make if you expect to owe taxes at the end of the year
4.
money you get back if you paid in more tax than you end up owing
5.
people who work for themselves and are considered self-employed business owner
6.
someone who works for another person
7.
the total of all of your earnings before any deductions, taxes, or adjustments
8.
people who work for themselves and are considered self-employed business owners
9.
can be itemized or taken as a standard deduction
10.
form used for self-employment tax
11.
Financial penalty you have to pay if you owe more than $1000 at the end of the year
12.
options include single, married filing jointly, married filing separately, head of household, etc.
13.
a business structure protecting a business owner's personal assets
14.
Money that your employer deducts from your pay and submits to the IRS on your behalf
15.
the money you have left to spend after all deductions, taxes, and adjustments
16.
subtracted from your income before the amount of tax you owe is calculated
17.
the amount of total gross income minus adjustments to income
18.
like a tax coupon that gets taken off the total tax that you owe
19.
wage and tax statement
