Unit 5: Income Taxes Review

Calculate the tax for each taxable income of a head of household.

a) $10,954​ (a)  

b) $209,850 ​ (b)  

• $1,095.40
• $47,222.50
• $1,105.40
• $47,122.40

Tags

CCSS.7.RP.A.3

Given the tax table shown, how much in taxes would you pay if you earned $42, 705 and you were single?

• $6,806

• $6,794

• $5,559

• $6,819

Tags

CCSS.7.RP.A.3

Jill is filing single and has a taxable income of $47,250. What does she owe in taxes for the year?

(a)  

Tags

CCSS.7.RP.A.3

Calculate what percent of the taxable income is tax of a couple filing married jointly making $209,843. Round to the nearest percent.

(a)  

Tags

CCSS.6.RP.A.3C

Given the filing status and the tax, identify the taxable income interval that was used to determine that tax.

- head of household , $14,544

• $77,950 ≤ i < $78,00

• $77,850 ≤ i < $77,900

• $77,400 ≤ i < $77,450

• $77,900 ≤ i < $77,950

Tags

CCSS.HSA.SSE.A.1

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

Let x represent a single taxpayer’s taxable income that is over $164,550 but not over $357,700. Write an equation for this taxpayer’s tax in slope-intercept form.

• y=0.33x – 14,249.25

• y=14,249.25x - 0.33x

• y=0.33x + 14,249.25

• y=0.33(x – 14,249.25)

Tags

CCSS.7.RP.A.2D

Which tax equation/function will be used to calculate tax for someone with an income of $124,600?

• 
• 
• 
• 

Tags

CCSS.HSA.SSE.A.1

CCSS.HSA.SSE.B.3

CCSS.HSA.REI.D.11

What is the tax paid by someone with and income value of $199,600?

• $29,137.50

• $44,597

• $44,632.00

• $42,587.50

Tags

CCSS.HSA.SSE.A.1

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.B.3

CCSS.HSA.CED.A.3

An employee makes $48,000 per year. How much does he pay annually in Social Security taxes at 6.2%?

• $2976.00

• $258.33

• $184.52

• $2214.24

Tags

CCSS.6.RP.A.3C

Your gross pay is $525.50. Your net pay is $446.75. How much money was deducted from your pay check?

• $ 972.25

• $ 70.00

• $ 78.75

Tags

CCSS.6.NS.B.3