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Financial Terms/Vocabulary for ESL
| Topic: Taxes, Tax-related vocabulary 3
Match each definition with the
letter
of one of the following:
a
- deduction
b
- itemized deduction
c
- expenses
d
- tax bracket
e
- property tax
f
- tax shelter
g
- capital gains
h
- garnishment
i
- refund
j
- tax liability
1. the amount of tax that you have to pay ->
2. a list of deductions from taxable income -->
3. money that you make from stocks, bonds, real estate, etc. -->
4. in tax terms, the cost of maintaining property or generating income -->
5. money that the government gives back to you when you pay too much in taxes, or have withheld too much from your salary -->
6. when someone withholds your wages to pay off your debt to a third party -->
7. an expense that you can subtract from your gross income -->
8. a tax that has to be paid by owners of houses, etc. -->
9. a financial arrangement which can reduce your tax liability -->
10. a category of taxpayers, defined by how much money they make -->
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