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WorksheetsPayroll
Total questions: 23
Worksheet time: 19mins
Employee's Withholding Allowance Certificate
W-2
W-9
W-6
W-4
The total amount of income you earn in a pay period before any deductions are taken out
Gross pay
Net pay
Wages
Salary
An amount paid to your state government for state-funded programs and services.
State taxes
Federal taxes
Local taxes
City taxes
A retirement saving plan which allows employees to save and/or invest in preparation for retirement
Social Security
405(K)
Medicaid
401(K)
Reflects the amounts that are automatically deposited into the bank accounts specified by the employee
Deductions
Wages
Direct deposit
Gross pay
Total amount of money earned for the entire year up to the current pay period
Year to Day
Year to Date
Year to Time
Year to Cost
Monetary subtractions from the employee's gross pay
Salary
Wages
Deductions
Gross pay
Survivor and disability insurance for old age and retirees. Also know as OASDI
Medicare
Medicaid
Social Security
401(K)
Pay based on the amount of money an employee earns per hour
Wages
Salary
Gross pay
Net pay
Any income generated by working is called
earned income
Social Security
Medicare
Medicaid
Wages, salary and commission are examples of what type of income?
Earned
Portfolio
Passive
Randy earns $22 per hour. This is an example of:
commission
salary
labor
wages
The period covered by a salary payment is called a
Payment
Pay period
Limited workers compensation
Month
The total amount earned by all employees for a pay period is called a
Payment
Pay period
Net pay
Payroll
The total pay due for a pay period before deductions is called
retained earnings
net earnings
living wage
total earnings
The amount of income tax withheld is based upon (choose two)
marital status
age
your type of job
number of withholding allowances
FICA is
social security tax
a deduction for people 65 or older
not a tax
not deducted from your paycheck
A business form to record payroll information is called a
balance sheet
general ledger
payroll ledger
payroll register
A business form used to record details affecting payments made to an employee is called an
employee earnings record
employee payroll form
employee earnings memo
employee payroll report
