Net Pay

What percent is used to calculate the Social Security deduction?

• 15%

• 6.2%

• 1.45%

• 12%

Tags

CCSS.6.RP.A.3C

What percent is used to calculate the Medicare deduction?

• 15%

• 6.2%

• 1.45%

• 12%

Tags

CCSS.6.RP.A.3C

A nurse’s aide has earned $21,670 so far this year. She earned $1,970 this month. How much is deducted this month for Social Security?

• $122.14

• $1,343.54

• $12,214

• $134,354

Tags

CCSS.4.OA.A.3

James' gross pay for the month is $8,000. He pays $1,035 in Federal Income Tax, $465 in State Income Tax, $496 in Social Security Tax, $116 in Medicare, and $388 in Health Insurance. What is James' net pay for the month?

• $2,500

• $5,500

• $6,500

• $7,000

Tags

CCSS.4.OA.A.3

Megan's gross weekly pay is $330. Each week she pays federal, social security, and medicare taxes, $14.40 for medical insurance, 22% for federal, 6.2% for social security, 1.45% for medicare, and $10 for union dues. Find her net pay.

• $207.75

• $208.50

• $220.50

• $218.60

Tags

CCSS.6.RP.A.3C

Dana's gross weekly pay is $1540. Each week she pays federal, social security, and medicare taxes, $15.80 for medical insurance, 24% for federal, 6.2% for social security, 1.45% for medicare, and $12 for union dues. Find her net pay.

• $1,024.79

• $1,036.44

• $1,026.82

• $1,032.33

Tags

CCSS.7.RP.A.3

Chad's monthly gross salary is $2540. He pays 6.2% SS Tax, 1.45% Medicare Tax, and $153.80 for health insurance.  What is his monthly net pay?

• $2254.87
• $2191.89
• $2386.20
• I'm lost...help!

Tags

CCSS.6.RP.A.3C

The total amount you earn before any deductions are subtracted is called __________ pay.

• Bonus
• Gross
• Incentive
• Net

Tags

CCSS.6.NS.B.3

__________ is time worked beyond the regular hours.

• Flextime
• Bonus
• Wage
• Overtime

Tags

CCSS.6.RP.A.3B

Madison Finn, Makes $210.53 a week. She is single and checks the box for withholding in her w-4 form. How much does she pay for Federal Income taxes? Look at the table.

• $9.00

• $3.00

• $0.00

• $8.00

Tags

CCSS.7.RP.A.3