Rishika Financial Math Payroll

Rishika Financial Math Payroll

5th Grade

7 Qs

quiz-placeholder

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Rishika Financial Math Payroll

Rishika Financial Math Payroll

Assessment

Quiz

Mathematics

5th Grade

Easy

Created by

Arup Bhattacharjee

Used 2+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

John lives in Texas, and his total earnings from his job is $5000. His Federal Income Tax is $450 and his other payroll taxes are $400. What is John's monthly net income?

$4,150

$4,550

$4,900

$4,400

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Peter lives in Texas and works in a bank. His total earnings in a month is $10,000 and his federal income tax is $1,500. If his net income in a month is $7600 then what other payroll taxes does Peter pay in a month?

$900

$800

$2400

$1800

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Roger works in a lawyers office and his monthly total earnings is $8000. His federal income tax is $1,100 and his other payroll taxes are $600. What is annual net income?

$6,300

$75,600

$78000

$6,900

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Peter lives in Texas and works in a bank. His total earnings in a month is $10,000 and his federal income tax is $1,500. If his net income in a month is $7600 then what other payroll taxes does Peter pay in a month?

$900

$800

$1,100

$850

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Aamir lives in Texas and works in a doctors office. His monthly total earnings $6000. He pays $450 in other payroll taxes in a month. Aamir's monthly net income is $4850. How much does Aamir pay in Federal taxes in a year?

$700

$8400

$5400

$58,200

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Indira works in California, her total monthly earnings is $5000. California has a state income tax and is part of her payroll taxes. She pays $450 in Federal income tax and $400 in other payroll taxes. If her net income is $3,900 per month then how much state income tax does Indira pay in a month?

$250

$200

$300

$350

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Rishika moves from Texas to California, her total monthly earnings remains the same as $10,000. However, her net income in Texas was $7600 while in California her net income became $6,900. California has state income tax while Texas does not. How much state income taxes will Rishika pay in a year after she moved to California?

$700

$8400

$2400

$3100