Examlex
Contrast Bernini's David to Michelangelo's David.
Net Wages
The amount of an employee's earnings after all deductions, such as taxes and retirement contributions, have been subtracted.
Allowance or Exemption
A reduction in the amount of income that is subject to tax, or a legal deduction from reported income to reduce taxable income.
Nontaxable
Income or transactions that are not subject to taxation by government authorities.
FICA-OASDI
The part of the U.S. payroll tax that funds the Social Security program, officially called Old Age, Survivors, and Disability Insurance.
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