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Paystubs

Total questions: 10

Worksheet time: 11mins

Name
Class
Date
1.

What word means:

Money taken from your paycheck to cover things like taxes or health insurance

a)

Rate

b)

Deduction

c)

Gross Pay

d)

Net Pay

2.

What word means:

The amount of money you take home after taxes and expenses are taken out?

a)

Net Pay

b)

Gross Pay

c)

Deduction

d)

Rate

3.

What is the name of a form that tells your employer how much tax to take our of your pay?

a)

W-4

b)

SUI

c)

WWE

d)

NCC-1701

4.

How much do you actually take home?

Gross Pay: $1450

Net Pay: $1200

a)

$1450

b)

$1200

c)

$500

5.

What document contains your total number of hours worked in a payment period?

a)

Pay Stub

b)

Paycheck

c)

W-4

d)

Social Security

6.

Which of the following taxes come out of your paycheck?

a)

State Income Taxes

b)

Federal Income Taxes

c)

Social Security

d)

Ramen Noodle Tax

7.

You can deposit your (a)   directly into a bank account.

8.

True of False: If you get Health Insurance through your employer, the fee is taken directly out of your paycheck.

a)

True

b)

False

9.

The Rate of Pay on your paycheck means what?

a)

The amount you get paid per hour

b)

The number of hours you are suppose to work

c)

How hard you worked

10.

Direct Deposit means...

a)

...your paycheck goes directly into your bank.

b)

...the check is mailed directly to you.