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Gross Pay and Net Pay

Authored by Sally Bader

Life Skills

9th - 12th Grade

Gross Pay and Net Pay
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5 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The Social Security tax rate is _________ of your gross pay.

6.2%

1.45%

10%

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Your GROSS pay is.......

What is deposited in your account

What you EARN

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The Medicare tax rate is _____ of your gross pay

6.2%

1.45%

10%

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Net Pay is

Gross pay minus deductions

Gross pay plus deductions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Federal income tax depends on

Marital status

How many dependents you claim

Gross pay

All of the above

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