Income and Taxes Jenga

The total amount an employer withholds from and employees paycheck.

• income tax

• property tax

• sales tax

• payroll tax

A tax based on the amount of money you earn. It is paid to the U.S. Government. Some states have this tax as well.

• Income tax

• property tax

• sales tax

• payroll

A portion of the value of items on such things as: Cars, Houses, Boats or Land.

• income tax

• property tax

• sales tax

• payroll tax

The money added to the cost of items and for services. Usually paid when an item is purchased.

• income tax

• property tax

• sales tax

• payroll tax

Tags

CCSS.6.RP.A.3B

John buys a candy bar priced at $0.59. After the clerk adds tax, John pays $0.65 cents for the candy bar. What tax did John pay?.

• income tax

• property tax

• sales tax

• payroll tax

Tags

CCSS.6.NS.B.3

Liam's parents pay a tax to the federal government based on money they earn throughout the year. This tax helps pay for military, FBI, etc...

• income tax

• sales tax

• payroll tax

• property tax

Mr. Mcbride pays a yearly tax of $1,100 dollars based on the value of his home. The tax money helps pay for schools and firemen.

• income tax

• property tax

• sales tax

• payroll tax

Mrs Brantley's employer withholds $123 in taxes from her paycheck every month. This tax helps fund Social Security and Medicare.

• income tax

• sales tax

• property tax

• payroll tax

Alex purchases 2 comic books for $5 each and a set of trading cards for $10. He gives the clerk $20, but he needs more money to pay for the tax. Which tax does Alex need to pay?

• income tax

• property tax

• sales tax

• payroll tax

Kathy received a paycheck for $685 after taxes and deductions. What type of income did she receive?

• net inome

• gross income

• payroll income

• none of the above