Review of Taxes

8. What is the purpose of an I-9 form?

• To prove citizenship.
• To prove you are here legally.
• To prove you are of age.

7. What form is used by your employer to allow them to withhold taxes from your paycheck?

• I-9
• W-2
• W-4

The total amount of money earned before payroll withholdings

• net pay
• gross pay
• payroll deductions
• none of these

What are Taxes?

• A Sum of money that the Federal government pays its citizens for good behavior.
• A Sum of Money that the State Mandates its Businesses pay in order to support the cleaning of their parking lot. 
• A Sum of Money that the Federal Government charges its citizens to clean up their messes. 
• A sum of money that the State or Federal Government mandates its citizens pay in order to support the government itself and all of its services. 

A document that states the amount of money earned and taxes paid throughout the previous year.

• W2

• W4

• YTD

• deductions

Taxes are deducted from all employees paychecks

• true
• false

On a pay stub, this indicates the total amount of money received by an employee after all deductions are taken out.

• Net Pay
• Gross Pay
• Total Pay
• Grand Pay

Tags

CCSS.RI.11-12.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.9-10.7

CCSS.RI.8.7

For which tax deduction was $64.50 deducted from Antoine Smith's gross income?

• Social Security
• Medicare
• Federal Withholding Tax
• State Withholding Tax

Tags

CCSS.7.RP.A.3

What is the length of the pay period Antoine just worked?

• about two weeks
• about a month
• about 4 weeks

Tags

CCSS.7.EE.B.3

Who is Antoine’s employer?

• ABC Mart
• Blue Wisp Cleaners
• Mountain Store

Tags

CCSS.RI.11-12.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.9-10.7

CCSS.RL.8.7