Time for Taxes
Quiz
•
Mathematics
•
5th Grade
•
Hard
+15
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15 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Ms. Parvin pays a tax every year because she owns a house. Which term best describes this tax?
Income Tax
Sales Tax
Property Tax
Payroll Tax
Tags
CCSS.RI.3.5
CCSS.RI.4.5
CCSS.RI.5.5
CCSS.RI.6.5
CCSS.RI.7.5
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which of these statements about gross income and net income is true?
Gross income is a tax on all income that a worker earns, and net income is a tax paid by an employer based on a worker’s wages.
Gross income is a tax paid by an employer based on a worker’s wages, and net income is a tax on all income that a person earns.
Gross income is the amount an employee is paid after deductions and taxes, and net income is the total amount an employee earns before deductions.
Gross income is the total amount an employee earns before deductions are applied, and net income is the amount an employee is paid after deductions and taxes.
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Mr. Henderson’s gross income this month equals his gross income for last month. Mr. Henderson’s net income this month is less than his net income last month. Which could explain the change in Mr. Henderson’s net income?
The local sales tax has increased
His payroll taxes have decreased
His property taxes have decreased
His payroll taxes have increased
Tags
CCSS.7.EE.B.3
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Micah wants to purchase 2 comic books for $5 each and a
set of trading cards for $10. He gives the clerk $20. The
clerk said Micah needs money for the tax. Which tax does Micah need to pay?
Property Tax
Payroll tax
Sales Tax
Income Tax
Tags
CCSS.6.RP.A.3B
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Shonda earns $8 per hour working at Taco Town. Her paycheck this week is $199 for 30 hours of work. What amount was withheld from Shonda’s paycheck for payroll taxes?
$240
$59
$41
$161
Tags
CCSS.7.EE.B.3
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The Cruz family moves to a house with a higher value. As a result, which of the following will probably happen?
Their income taxes will increase.
Their property taxes will increase.
Their payroll taxes will decrease.
Their property taxes will decrease.
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
John and Stan work as nurses in different hospitals. Their paycheck stubs for one pay period are shown below. Based on the paycheck stubs, which is NOT a true statement?
John’s gross income is $381 less than Stan’s gross income for this pay period.
Stan’s payroll tax is $29 more than John’s payroll tax for this pay period.
John’s net income is $123 less than his gross income for this pay period.
Stan’s net income is $381 more than John’s net income for this pay period.
Tags
CCSS.7.EE.B.3
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