A government-run insurance program that provides healthcare assistance to low income Americans 

A government-run insurance program that provides healthcare assistance to elderly and disabled Americans 

A document attached to every paycheck that details your earnings and the amount withheld for taxes, health insurance, retirement funds, and other deductions.

Federal and state taxes that all employers must pay, based on a percentage of the employee's salary, toward social services such as Social Security and Medicare 

A tax system that uses tax brackets to collect a larger percentage from the income of high-income earners than it does from low-income earners 

A federal program that provides monthly benefits to millions of Americans, including retirees, military families, surviving families of deceased workers, and disabled individuals 

A standardized dollar amount that reduces your taxable income, specifically for individuals who do not receive additional benefit by itemizing their deductions into medical expenses, donations, etc.

A range of income amounts that are taxed at a particular rate 

An amount subtracted directly from the tax owed 

An amount that can be subtracted from person's tax liability that lowers their taxable income 

The percentage at which taxes are paid on each dollar of income 

An annual report to the IRS summarizing total income, deductions, and the taxes withheld by employers 

The amount of income that is used to calculate an individual's or a company's income tax due 

An amount that a government gives back to a taxpayer who has paid more taxes than were due 

Income received from sources other than employment 

A form that an employer must send to an employee and the IRS at the end of the year to report the employee's annual wages and taxes withheld from their paycheck

A form completed by an employee to indicate his or her tax situation (exemptions, marital status, etc.) to the employer, who then withholds the corresponding amount of taxes from each paycheck 

The portion of an employee's wages that is not included in their paycheck because it goes directly to federal, state and local taxes

In order to file a tax return, you must have received your W2 form from your employer. You should receive this by January 31 of the tax year. You cannot file your tax return without your W2.