Financial Literacy

What is the total income BEFORE payroll tax/deductions are taken out?

• Deposit

• Withdrawal

• Gross Income

• Net Income

Tags

CCSS.6.NS.C.7C

Money put INTO a bank account is called

• Deposit

• Withdrawal

• Sales Tax

• Debit Card

A tax on the amount of money you earn is a

• property tax

• sales tax

• payroll tax

• income tax

Tags

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

CCSS.RI.5.5

CCSS.RI.6.3

A card issued by a bank that allows a user to immediately use money from an account is

• Credit Card

• Debit Card

• a Deposit

• a Gift Card

A tax added to the cost of items and services is a

• property tax

• sales tax

• payroll tax

• income tax

The total tax an employer withholds from an employee's paycheck

• property tax

• sales tax

• payroll tax

• income tax

The total tax on the value of items such as cars, houses, boats, or land

• property tax

• sales tax

• payroll tax

• income tax

A card issued by a bank that allows a user to buy things now and pay for them later

• Credit Card

• Debit Card

• a Deposit

• a Gift Card

Income left after taxes

• Gross Income

• Net Income

• Income Tax

• Deposit

Tags

CCSS.6.RP.A.3B

Money taken OUT of a bank account

• Deposit

• Withdrawl

• Debit Card

• Sales Tax