23 Return Submit Taxes used for Medicare and Social Security An expenditure, such as mortgage interest, that reduces taxable income Company profits distributed to stockholders A measure of how likely it is to lose money in an investment Gives the investor a share of ownership in a company An investment that loans money to a company or government at a specified coupon rate A financial vehicle that groups together a collection of stocks, bonds, and other investments and is managed by a professional fund manager om IO

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter14: Property Transactions: Determination Of Gain Or Loss And Basis Considerations
Section: Chapter Questions
Problem 6RP
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Match the following terms to their correct definition
assignments/7143131
FICA
Return
Submit
Mutual Fund
Taxes used for Medicare and Social Security
Tax Credit
An expenditure, such as mortgage interest, that reduces
taxable income
Tax Deduction
Company profits distributed to stockholders
A measure of how likely it is to lose money in an
investment
Stock
Gives the investor a share of ownership in a company
Bond
An investment that loans money to a company or
government at a specified coupon rate
A financial vehicle that groups together a collection of
stocks, bonds, and other investments and is managed by
a professional fund manager
Liquidity
Return
A measure of how difficult it is to withdraw money from
an investment
Risk
A dollar-for-dollar reduction of the taxes one owes
Dividend
12:59 PM
3/17/2021
a
search
Transcribed Image Text:assignments/7143131 FICA Return Submit Mutual Fund Taxes used for Medicare and Social Security Tax Credit An expenditure, such as mortgage interest, that reduces taxable income Tax Deduction Company profits distributed to stockholders A measure of how likely it is to lose money in an investment Stock Gives the investor a share of ownership in a company Bond An investment that loans money to a company or government at a specified coupon rate A financial vehicle that groups together a collection of stocks, bonds, and other investments and is managed by a professional fund manager Liquidity Return A measure of how difficult it is to withdraw money from an investment Risk A dollar-for-dollar reduction of the taxes one owes Dividend 12:59 PM 3/17/2021 a search
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