Family & Consumer Science: 1.02: Supporting Yourself

The amount of income earned before any deductions or taxes or taken out

• Tax deduction

• Net income

• Gross income

• None of these

The amount of income received after deductions and taxes are taken out

• Taxes

• Net income

• Gross income

• Money spent

Government fees on income, property, goods, or other activities

• Tax

• Net income

• Gross income

• Price equivalent

FICA

• Income tax

• Sales tax

• Net income

• Gross income

Federal program that provides benefits to retirees, the handicapped, and children of deceased workers

• Social security

• FICA

• Social semblance

• Federal employees Act

A money plan that includes expected income, spending, and any other financials in a given time period

• Tax exemptions

• Household costs

• FICA

• Budget

A form that includes a person's earnings and deductions for a year

• W-2 form

• 1000 EZ

• W-4 form

• Household costs form

A form filled out by employees before they start a job. This determines how much income tax is deducted from the paycheck

• W-2 form

• Household costs planning form

• W-4 form

• 1040 EZ

Federal program that provides medical benefits such as hospital care

• Hospice care

• Medicare

• Medical

• None of these

Federal Insurance Contributions Act used to fund Social Security and Medicare

• Fundamental contributions program

• Hospice care

• Federal aid

• FICA