Gross Pay and Net Pay

Net pay is ...

• income before deductions

• income after deductions

• income you take home

• income with holdings

On a pay stub, this indicates the total amount of money received by an employee after all deductions are taken out.

• Net Pay

• Gross Pay

• Total Pay

• Grand Pay

The money earned before money is taken out of a paycheck is called what?

• net pay

• earned pay

• gross pay

• full pay

Money taken out of paycheck to cover expenses including taxes and health insurance

• Deductions

• Taxes

• Paystub

• Net Pay

Circle the Net Pay

a

Net Pay

YTD Net

Gross Pay

What was John Doe's total deductions for this paycheck?

• $577.84

• $222.16

• $800

• $120

Label the numbers at the bottom of the paystub provided with the options given to you below.

d

c

b

a

Current Gross Income

YTD Gross Income

YTD Net Income

Current Net Income

Joe worked 35 hours this week and earned $17.25 per hour. What is Joe's GROSS PAY?

• $603.75

• $595

• $54.25

• $522.50

What is the difference between gross pay and net pay?

• Gross pay is before deductions, net pay is after deductions

• Gross pay is after deductions, net pay is before deductions

• Both are the same

• Net pay is before taxes, gross pay is after taxes

Which of the following is included in gross pay?

• Overtime pay

• Health insurance deductions

• Retirement contributions

• Tax deductions