CCR EXAM 2025 Update|Complete
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,Terms in this set (99)
financial support that a person is
ordered by a court to give to their
alimony
spouse during separation or following
divorce
an individual's total earnings before
gross income
taxes or other deductions
the range of incomes taxes at given
tax brackets rates, which typically differ depending
on filing status
when higher income people pay a
regressive taxes smaller percent of income than the
lower income people
set down in detail/ list things
itemize
separately
a parent who is custodial to a given
child fulfills the support obligation
child support
every time the parent goes out and
buys groceries and pays the rent
an amount that is subtracted from a
tax credit
taxpayer's tax liability
, takes a larger percentage of income
from high income groups than from
progressive taxes
low income groups is based off of the
concept of ability to pay
an amount included in your income is
taxable income taxable unless it specifically
exempted by law
money that is taken out of your salary
deductions
before you receive you paycheck
the illegal nonpayment or
tax evasion
underpayment of tax
specific dollar amount that reduces
standard
the amount of income of which you're
deduction
taxed
official inspection of an individuals or
audit
organizations accounts
income total generated by the sale of
revenue goods/services related to the primary
operations of the business
reduction or removal of a liability to
make a compulsory payment that
exemption would otherwise be imposed by a
ruling power upon persons, property,
income, or transactions
Exam Set Questions And Verified
Answers | Get It 100% Accurate!!|
Already Passed A+
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
,Terms in this set (99)
financial support that a person is
ordered by a court to give to their
alimony
spouse during separation or following
divorce
an individual's total earnings before
gross income
taxes or other deductions
the range of incomes taxes at given
tax brackets rates, which typically differ depending
on filing status
when higher income people pay a
regressive taxes smaller percent of income than the
lower income people
set down in detail/ list things
itemize
separately
a parent who is custodial to a given
child fulfills the support obligation
child support
every time the parent goes out and
buys groceries and pays the rent
an amount that is subtracted from a
tax credit
taxpayer's tax liability
, takes a larger percentage of income
from high income groups than from
progressive taxes
low income groups is based off of the
concept of ability to pay
an amount included in your income is
taxable income taxable unless it specifically
exempted by law
money that is taken out of your salary
deductions
before you receive you paycheck
the illegal nonpayment or
tax evasion
underpayment of tax
specific dollar amount that reduces
standard
the amount of income of which you're
deduction
taxed
official inspection of an individuals or
audit
organizations accounts
income total generated by the sale of
revenue goods/services related to the primary
operations of the business
reduction or removal of a liability to
make a compulsory payment that
exemption would otherwise be imposed by a
ruling power upon persons, property,
income, or transactions
