NET PAY

Net income is:

• the total amount of money you earn before deductions.
• the amount of money you receive AFTER deductions are subtracted from your gross income
• a debt or money that is owed to someone.
• the hourly rate of pay

Gross income minus deductions equal your net income.
If Amorelle made $384 in gross income and her deductions are $122, what is her net income?

• $506
• $406
• $262
• $266

Tags

CCSS.3.OA.D.8

Dayanara's gross income was $550.  What was her net income if her deductions were $110 for payroll taxes and $22.50 for health insurance?

• $132.50
• $417.50
• $440.00
• $638.50

Tags

CCSS.6.NS.B.3

Yvonne's gross income:  $703
Yvonne's deductions:  $251.18
Yvonne's net income:  ?

• $451.82
• $551.82
• $954.18
• $25,812.00

Tags

CCSS.6.NS.B.3

What percent of gross are payroll taxes (social security + medicare)?

• it varies
• 1.45%
• 6.2%
• 7.65%

Tags

CCSS.6.RP.A.3C

Bobo makes $2,321 a week. He files married He claims 2 withholding. What is his net pay?

Witholding Allowance: $80.80

FED: $301.42

FICA: 7.65% of pay

• $1923.32

• $2015

• $1761.22

Social security and medicare fall under 

• FICA 
• State 
• Federal 
• 401K

If you earn $12.25 per hour, you work 18 hours, your total deductions are $46.50, your net pay is ___.

• $220.25

• $220.5

• $174

• $267

Tags

CCSS.7.EE.B.3

Gross income minus deductions equals your net income.

If Amorelle made $384 in gross income and her deductions are $122, what is her net income?

• $506

• $406

• $262

• $266

Tags

CCSS.3.OA.D.8

Marco has the following deductions listed.

Federal Income tax: $44

Social Security tax: $23

Medicare tax: $5

Health Insurance: $24

What is the total amount of his deductions?

• $39

• $67

• $91

• $96

Tags

CCSS.3.OA.D.8