us tax system

us tax system

9th - 12th Grade

•

50 Qs

quiz-placeholder

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us tax system

us tax system

Assessment

Quiz

•

Other

•

9th - 12th Grade

•

Hard

Created by

Fritz Mathurin

Used 3+ times

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50 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain how you can calculate total earnings if you know the payroll tax and the pay after taxes.

Total earnings are the difference of payroll tax and pay after taxes.

Total earnings are the sum of payroll tax and pay after taxes.

Total earnings are the product of payroll tax and pay after taxes.

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which deductions from your pay are considered voluntary?

retirement contributions

state taxes

health care

life insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money you receive after taxes is called:

gross income
net income
salary
pay day

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you own a house, what type of tax do you pay on it?

income tax
sales tax
property tax
payroll tax

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Alyssa has her first job at the local bakery. After working for one week, she received her first paycheck. The total amount of money she is able to put in the bank is $75.62. What type of income does this amount describe?

Gross Income
Net Income
Both Gross and Net Income
None of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of tax do you pay for Cheetos and soda?

income tax
sales tax
property tax
payroll tax

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A spending or savings plan.

budget

payroll taxes

balanced budget

expense

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