Taxes, Percents, Etc.

You have a pair of shoes that are $75. The sales tax is 10%. What is the TOTAL?

• $7.50

• $75

• $82.50

• $81

Change 11% to a decimal

• 11.00

• 0.011

• 0.11

• 0.0011

The form that determines the amount of money withheld for taxes is called a: 

• w4
• i9
• w2
• 1040ez

What does the word withholding mean?

• How much money you give to the government

• How much money you pay

• How much money is taken out of your paycheck

• How much money you earn

When do you typically fill out a W-4 form?

• When you leave a job

• When you start a job

• When you file your taxes

The main purpose of a W2 is

• To accept a new job

• To figure out your tax refund

• To state your salary

• To tell your employers how much taxes to take out of your check

Which is the correct way 5% is turned into a decimal?

• 5

• 0.5

• 0.05

• 0.005

If you had 3 children, how much money would you record in Step 3?

Tags

CCSS.7.RP.A.3

Gifts

• Nontaxable, unless it is over $17,000.

• Taxable

Roads, police, schools, governmental agencies, fire and emergency services are all funded by taxes

• true
• false