Topic: Taxes, tax-related vocabulary 1

Choose the best response to complete each of the sentences below.

1. Many Americans use tax software to complete their tax _________________.
  returns
  retainers
  resources

2. I had to pay _________________ taxes. ( = taxes from previous years)
  ancient
  back
  previous

3. That income will be taxed at a higher _________________.
  rating
  ration
  rate

4. A 401(k) plan is an employer-_________________ savings plan.
  sponsored
  induced
  censored

5. You children can be considered your _________________.
  deductions
  exemptions
  dependants

6. You employer will __________________ anything you put into your 401 (k) plan. ( = they will put in the same amount that you do)
  even out
  match
  equate

7. Here are some examples of filing __________________: single, married filing jointly, married filing separately, etc.
  statuses
  states
  statements

8. For tax __________________, you may be considered "single" even though you are actually married.
  goals
  purposes
  aims

9. On tax forms, the most common way to refer to one's husband or wife is "__________________".
  mate
  spouse
  ball-and-chain

10. If you have any _________________ ( = more, extra) income, you should fill out this form.
  extraneous
  added
  additional


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