IBT-Paycheck stub Review

Front

A pay stub...

Back

explains how much money was earned and the types of deductions and amounts withheld from a worker’s paycheck.

Front

Which is the amount before taxes are taken out?

Back

Gross Pay

Front

How much is this person paid per hour?

Back

$24

Front

How much have they earned this year total?

Back

$960

Front

FICA is made up of what type of taxes? Options: Employment Taxes & Income Taxes, Sales Tax & Property Tax, Social Security Tax & Medicare Tax, Excise Tax & Income Tax

Back

Social Security Tax & Medicare Tax

Front

Net Pay is also called?

Back

Take Home Pay

Front

What is John Smith's year to date net pay?

Back

$2292.74

Front

How much was held out for State Taxes in this paycheck?

Back

$23.20

Front

Helps provide retirement income for the elderly and pays disability benefits: medicare, social security, state income tax, federal income tax

Back

social security

Front

A health care program for the elderly and disabled

Back

medicare