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Taxes Review

Authored by Noah Graziano

Business

11th Grade

Used 102+ times

Taxes Review
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money you make from working such as salary, tips, commissions, wages, and self-employment.

Unearned Income

Gross Pay

Net Pay

Earned Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Incomes from sources like investments, inheritance, and interest.

Unearned Income

Gross Pay

Net Pay

Earned Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many hours are there in the work week?

35 hours

40 hours

45 hours

50 hours

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Overtime Rate of pay?

Your hourly rate.

1 1/4 times your regular rate of pay

1 1/2 times your regular rate of pay

2 times your regular rate of pay

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total pay earned BEFORE taxes or deductions are taken out?

Earned Income

Gross Pay

Net Pay

Unearned Income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is your take home pay, after taxes and deductions are taken out of the check?

Earned Income

Gross Pay

Net Pay

Unearned Income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a paycheck witholding?

Federal Income Tax

State Income Tax

FICA Tax

Sales Tax

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