Glossary

is the tax form that the Marketplace issued to show how many credits were received for th e tax year

is the tax form that most universities issue to show how much scholarships/tuition was for any given year.

is the total amount earned before any expenses and taxes

is money earned

are forms within a tax return. Example 1040, Schedule A, Schedule C

when government agencies take away a status. Typically seen for franchise or licensing agencies.

typically when a government agency puts a hold on accounts because a balance is outstanding

are loans or credit cards that have an outstanding balance

income after taxes and or expenses depending on the type of work.

is an agreement with the IRS when a large amount of taxes are due. This agreement allows taxpayers to pay a reduced amount based on what they afford.