Income, taxes, types of payments

Payroll and _________ are taxes that are deducted from a person's paycheck.

• Sales Tax

• Income Tax

• Property Tax

This tax is added to a purchase you make at the store.

• Sales Tax

• Income Tax

Tags

CCSS.6.RP.A.3B

Travis county charges tax each year on the house that Jennifer owns. She pays around $6,500 in taxes each year on the house that she owns. What type of tax is this?

• Property Tax

• Sales Tax

• Income Tax

• Payroll Tax

Tags

CCSS.6.RP.A.3D

Sally owns a gas station.  What type of tax will she have to pay on the land that the gas station is on? 

• Property Tax
• Payroll Tax
• Income Tax
• Sales tax

Tax the employer takes out of your check for social security and medicare

• Property Tax
• Income Tax
• Sales Tax
• Payroll tax

Tags

CCSS.7.RP.A.3

Tax on the value of a house, building or land

• Sales Tax
• Property tax
• Income Tax

Tags

CCSS.6.RP.A.3B

payment for goods and services, what you spend

• Income
• taxes
• expenses
• credit card

What is it called after you take your deductions (taxes, expenses) out of your gross income?

• Net income

• Taxes

• Deductions

• Gross income

Tags

CCSS.6.NS.C.5

Mrs. Fanning bought a science kit at the store for $10. At the register, she was charged $10.85. The different between the price and what Mrs. Fanning paid is considered -

• income tax

• credit

• sales tax

• property tax

Tags

CCSS.7.EE.B.3

Which type of tax do you pay to the government once a year?

• Sales

• Property

• Income

• Payroll