Question

practical math cp
matching: (2 points each)
6.) a fixed dollar amount that reduces your taxable income: \ta.) 1040 form
7.) a us federal payroll tax that stands for the federal insurance contributions act: \tb.) w2
8.) an annual document employers must send to employees and the irs by january 31st, reporting annual wages, tips, and taxes withheld: \tc.) fica
9.) a document completed by employees to instruct employers on how much federal income tax to withhold from their paychecks: \td.) standard deduction
10.) the official u.s. individual income tax return, the primary document used by u.s. residents to file their annual federal income taxes, reporting income, claiming deductions, and calculating their tax liability or refund: \te.) w4

Explanation:

6)

The term "Standard Deduction" refers to a fixed dollar amount that reduces taxable income. So 6) matches with D.

FICA (Federal Insurance Contributions Act) is the US federal payroll tax. So 7) matches with C.

W2 is the annual document employers send to employees and IRS by Jan 31st, reporting wages, tips, and taxes withheld. So 8) matches with B.

Answer:

6.) D. Standard Deduction

7)