Unit 1 NGPF Taxes
Authored by Sherryl Proctor
Mathematics
12th Grade
CCSS covered
Used 42+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
23 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 mins • 5 pts
Autumn has a job that pays $15.75 per hour. Her paystub list her 401K withholding as $32, FICA of $23, FIT of $33, and healthcare payment of $16. What is her net pay if she works 30 hours?
472.50
368.50
104.00
384.50
Tags
CCSS.6.NS.B.3
2.
MULTIPLE CHOICE QUESTION
10 mins • 5 pts
What is the key difference between Net Pay and Gross Pay?
Net pay is the total amount of money you get BEFORE taxes are deducted.
Gross pay is the total amount of money you get AFTER taxes are deducted.
Net pay is the total amount of money you get AFTER taxes are deducted.
Gross pay is the total amount of money you get BEFORE retirement, healthcare, and dental care have been deducted.
Tags
CCSS.7.RP.A.3
3.
MULTIPLE SELECT QUESTION
10 mins • 5 pts
Which is TRUE about earned income and unearned income? (hint: choose 2 correct answers)
Earned is how much you make from a job
Earned is any money you make in interest, dividends, etc.
Unearned is any money you make in interest, dividends, etc
Unearned is how much you make from a job
4.
MULTIPLE CHOICE QUESTION
10 mins • 5 pts
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
5.
MULTIPLE CHOICE QUESTION
10 mins • 5 pts
If you paid $2500 in federal taxes and the IRS says you should have paid $3499, what happens?
You have a refund of $1499
You have a tax bill of $1499
You have a refund of $5999
You have a bill of $5999
Tags
CCSS.7.NS.A.1C
6.
MULTIPLE CHOICE QUESTION
10 mins • 5 pts
Taxes are due on this date, unless that date falls on a Sunday
January 15th
April 15th
May 15th
July 15th
Tags
CCSS.4.MD.A.2
7.
MULTIPLE CHOICE QUESTION
10 mins • 5 pts
Maddy made $60,340 last year, placing her in the 22% tax bracket. What is true about Maddy's marginal and effective tax brackets?
Her marginal tax bracket is 22%, and her effective tax bracket is less than 22%
Her marginal tax bracket is less than 22%, and her effective tax bracket is 22%
Her marginal tax bracket and her effective tax bracket are both lesss than 22%
Her marginal tax bracket and her effective tax bracket are both 22%
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
