3.02 Payroll Deductions Quizziz

The total amount of income you earn in a pay period before any deductions are taken out

• Gross pay

• Net pay

• Wages

• Salary

An amount paid to your state government for state-funded programs and services.

• State taxes

• Federal taxes

• Local taxes

• City taxes

Tags

CCSS.6.RP.A.3B

Monetary subtractions from the employee's gross pay

• Salary

• Wages

• Deductions

• Gross pay

FICA is

• social security tax

• a deduction for people 65 or older

• not a tax

• not deducted from your paycheck

Tags

CCSS.6.RP.A.3D

the money you get to take home after all deductions are taken out

• gross pay
• net pay

a plan that working people pay into so they can be sure to have an income after they retire (FICA)

• social security
• federal income tax
• state income tax
• insurance

Which is bigger, gross pay or net pay?

• gross pay
• net pay

Tags

CCSS.6.RP.A.3D

Find the Local Tax deducted: $456 biweekly, 2 1/2 % tax.

Hint: Tax Rate* Gross Wage = Amount Deducted

• $9.12

• $11.40

• $114

• $9.58

Deductions this Week: Federal Tax $52.02, FICA $33.02, State $5.33. Find the annual Federal Tax deduction.

Hint: Add up federal tax deductions and multiply to convert to weekly amount.

= ($________)/weeks∗ (52weeks/year)

• $2,705.04

• $1,717.04

• $4,422.08

• $277.16

Find the Take-Home percent of the Gross Pay: Net Pay $453.10, Gross Pay $734.

HINT: Percent of Gross Pay = (net pay)/(gross pay)* 100

• 50%

• 162%

• 62%

• 16%