Financial Literacy Taxes

Financial Literacy Taxes

5th Grade

11 Qs

quiz-placeholder

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Financial Literacy Taxes

Financial Literacy Taxes

Assessment

Quiz

Mathematics

5th Grade

Easy

CCSS
7.EE.B.3, 6.NS.C.5, 6.RP.A.3D

+1

Standards-aligned

Created by

Patrick Piazze-mcmahon

Used 20+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Payroll and _________ are taxes that are deducted from a person's paycheck.

Sales Tax

Income Tax

Property Tax

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

These types of taxes take a percentage of your paycheck. The more you make , the more that is take out.

Sales Tax

Income Tax

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This tax is added to a purchase you make.

Sales Tax

Income Tax

Tags

CCSS.7.EE.B.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Travis county charges tax each year on the house that Jennifer owns. She pays around $6,500 in taxes each year on the house that she owns. What type of tax is this?

Property Tax

Sales Tax

Income Tax

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Sally owns a gas station.  What type of tax will she have to pay on the land that the gas station is on? 
Property Tax
Payroll Tax
Income Tax
Sales tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money earned or received
Expenses
Income
Deductions
Check

Tags

CCSS.6.NS.C.5

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tax the boss takes out of your check for social security and medicare
Property Tax
Income Tax
Sales Tax
Payroll tax

Tags

CCSS.6.RP.A.3D

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