Income and Wages Quiz

What is the hourly rate for John Dough at ABC Mart?

• $15.00

• $20.00

• $10.00

• $18.00

John Dough's gross pay for this period is (a)  

• $360.00
• $400.00
• $300.00
• $350.00

(a)   was deducted for Federal Income Tax.

• $21.40
• $25.00
• $20.00
• $22.00

If John's total income was $360.00, how much was withheld for federal income tax?

• $21.40

• $18.00

• $25.00

• $30.00

Which federal program provides benefits for retirees and the disabled?

• Medicare

• Medicaid

• Social Security

• SNAP

Which program is funded by a U.S. payroll tax?

• SNAP

• Social Security

• TANF

• WIC

How much is deducted for Social Security Tax (FICA) this period?

• $5.22

• $22.32

• $1.00

• $0.00

How much is deducted for State Income Tax this period?

• $0.00

• $1.00

• $5.22

• $22.32

Where can you find the employee's social security number on the W-2 form?

• Box a

• Box b

• Box c

• Box d

What principle are taxes collected on?

• Pay as you go

• Pay later

• Pay in advance

• Pay annually