gross pay net pay deductions

Denny earns $255.20 a week.  The Social Security Tax rate is 6.2%, Medicare tax is 1.45% of gross pay.  How much is withheld for each?

• SS=$12.47, M=$2.70
• SS=$15.82, M=$3.70
• SS=$13.97, M=$3.41
• SS=$15.82, M=$24.25

Tags

CCSS.7.RP.A.3

Chad's monthly gross salary is $2540. He pays 6.2% SS Tax, 1.45% Medicare Tax, and $153.80 for health insurance.  What is his monthly net pay?

• $2254.87
• $2191.89
• $2386.20
• I'm lost...help!

Tags

CCSS.6.RP.A.3C

For which of the following would an employer withhold money from an employee's pay?

• Federal income tax
• Social Security tax
• Medicare Tax
• All of the above

Tags

CCSS.6.RP.A.3B

Taxes for Social Security and Medicare are a part of ____?

• FDIC
• SIPC
• IRS
• FICA

Tags

CCSS.6.RP.A.3C

Tyler noticed that money was withheld from his pay for taxes and some benefits. These withholding are also called ________?

• Expenses
• Withholdings
• Deductions
• Reductions

Tags

CCSS.6.NS.B.3

• $24.75
• $306
• $324.75
• $18.75

Tags

CCSS.6.RP.A.3D

Tom's net income was $400. His gross income was $440. How much was taken out for deductions?

• $840

• $40

• $98

Denny earns $255.20 a week. The Social Security Tax rate is 6.2%, Medicare tax is 1.45% of gross pay. How much is withheld for each?

• SS=$12.47, M=$2.70

• SS=$15.82, M=$3.70

• SS=$15.82, M=$24.25

Tags

CCSS.7.RP.A.3

Yvonne's gross income: $703

Yvonne's deductions: $251.18

Yvonne's net income: ?

• $451.82

• $551.82

• $954.18

Monica is a chef at Golden Corral and works 35 hours a week at $12. Her total deductions are $ 105. What is her weekly pay after deductions? (take home pay)

• $175

• $315

• $420