Taxes, taxes, taxes!

The total amount you earn BEFORE any deductions are subtracted is called __________ pay.

• Bonus
• Gross
• Incentive
• Net

Annual salary is the amount of money you are paid..

• Monthly
• Semi-Monthly
• Bi-Weekly
• Yearly

Kyle worked 34 hours cutting lawns. His gross income was $329.12. What was his hourly wage?

• $9.68
• $12.54
• $15.67
• $10.00

Anna works at a clothing store and is paid $10.97 an hour.  If she works 10 hours a week, what is her weekly gross pay?

• $109.70
• $197.00
• $170.90
• $19.70

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

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

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

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

Your weekly gross pay is $400.00. Your tax rate is 15%. How much is your net pay?

• $ 340.00

• $ 60.00

• $ 266.00