| No. | Item | Definition |
|---|---|---|
| 1. | account | record or place for money |
| 2. | address | where a person lives |
| 3. | agency | government office or department |
| 4. | alien | noncitizen under law |
| 5. | annuity | series of regular payments |
| 6. | appeal | request for official review |
| 7. | asset | valuable thing you own |
| 8. | audit | official review of tax records |
| 9. | avoidance | legal reduction of tax |
| 10. | balance | amount remaining unpaid |
| 11. | benefit | payment or advantage received |
| 12. | bill | statement of money due |
| 13. | bonus | extra pay for performance |
| 14. | bracket | income range taxed at rate |
| 15. | business | activity selling goods or services |
| 16. | charity | organization receiving donations |
| 17. | child | young dependent person |
| 18. | citizen | legal member of a country |
| 19. | commission | pay based on sales |
| 20. | compliance | following rules or laws |
| 21. | contractor | independent worker hired temporarily |
| 22. | coverage | protection provided by insurance |
| 23. | credit | amount reducing tax owed |
| 24. | deadline | last day to file |
| 25. | debt | money owed to others |
| 26. | deduction | amount subtracted before tax |
| 27. | dependent | person supported financially |
| 28. | disability | condition limiting normal activity |
| 29. | dispute | disagreement over amount or decision |
| 30. | dividend | payment from company profits |
| 31. | donation | gift given without return |
| 32. | earnings | money gained from work |
| 33. | eligible | meeting the rules to receive |
| 34. | employee | person working for pay |
| 35. | employer | person or company hiring workers |
| 36. | evasion | illegal avoidance of tax |
| 37. | exemption | amount excluded from tax |
| 38. | expense | money spent on something |
| 39. | extension | extra time to file |
| 40. | federal | relating to national government |
| 41. | filing | submitting a tax return |
| 42. | form | official document to complete |
| 43. | fraud | intentional financial deception |
| 44. | grant | money given for a purpose |
| 45. | gross | before taxes or deductions |
| 46. | household | home unit for filing status |
| 47. | identity | who a person is |
| 48. | income | money you earn or receive |
| 49. | insurance | protection against financial loss |
| 50. | interest | charge on unpaid balance |
| 51. | joint | filed together with spouse |
| 52. | liability | total tax you owe |
| 53. | loan | money borrowed and repaid |
| 54. | loss | money lost or not gained |
| 55. | married | legally wed filing status |
| 56. | meal | food eaten at one time |
| 57. | mileage | distance traveled by vehicle |
| 58. | mortgage | loan for buying property |
| 59. | net | after taxes or deductions |
| 60. | nontaxable | not subject to tax |
| 61. | notice | official message from tax agency |
| 62. | owe | to be required to pay |
| 63. | paycheck | payment from an employer |
| 64. | payment | money paid to settle tax |
| 65. | penalty | extra charge for violation |
| 66. | pension | retirement payment |
| 67. | portal | website for official access |
| 68. | premium | insurance payment amount |
| 69. | profit | money left after costs |
| 70. | property | land or possessions owned |
| 71. | qualify | to meet requirements |
| 72. | quarterly | happening every three months |
| 73. | rate | percentage used to tax |
| 74. | receipt | proof of purchase or payment |
| 75. | record | stored financial information |
| 76. | refund | money returned after overpayment |
| 77. | residence | place where someone lives |
| 78. | resident | person living in a place |
| 79. | retirement | time after leaving work |
| 80. | return | tax form you file |
| 81. | revenue | government income from taxes |
| 82. | royalty | payment for use rights |
| 83. | scholarship | money awarded for study |
| 84. | self-employed | working for yourself |
| 85. | separate | filed apart from spouse |
| 86. | single | unmarried filing status |
| 87. | spouse | married partner |
| 88. | state | member region of a nation |
| 89. | status | filing category you use |
| 90. | student | person engaged in study |
| 91. | tax | mandatory payment to government |
| 92. | taxable | subject to tax |
| 93. | tip | extra money for service |
| 94. | treasury | government finance department |
| 95. | tuition | cost of instruction |
| 96. | verify | to confirm as true |
| 97. | voucher | document used for payment |
| 98. | wages | pay from employment |
| 99. | withhold | to keep back from payment |
| 100. | withholding | tax taken from pay |
