Examlex
Find the product or quotient. Write the answer in standard form.
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Adjusted Gross Income
Gross income minus adjustments, used as a base for calculating taxable income and determining eligibility for certain tax deductions and credits.
Social Security Taxes
Taxes paid by workers and employers to fund the Social Security program, which provides retirement, disability, and survivorship benefits.
Medicare Taxes
Taxes withheld from pay or paid on profits that contribute to the Medicare program, providing health insurance for individuals over 65.
Self-Employment Tax
A social security and Medicare tax primarily for individuals who work for themselves.
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