WorksheetsNet Pay
Total questions: 18
Worksheet time: 24mins
Net Pay is...
pay you get after deductions
pay you get before deductions
gross pay
regular pay + overtime pay
How many weeks are in a year?
26
4
12
52
How many months are in a year?
26
4
12
52
How many times in year will you get paid, if you are paid BIWEEKLY?
26
4
12
52
What are your total deductions, if you deductions are as follows: Federal Tax $154.53, Social Security $56.74, Medicare $14.15, and health insurance premiums $48?
$236.47
$198.47
$190.80
$273.42
Is a health insurance premium deduction a percent or flat rate?
Percent
Flat Rate
Total x 0.6775 = Net Pay
Net Pay = $365.92
Net Pay = $392.95
Net Pay = $274.59
Net Pay = $410.12
Gross pay: $23,760 Married, with 4 dependents, State income tax rate 6%. Calculate the State Income Tax.
Exemptions: Married $4,000, Each dependent $2,000.
$201.33
$705.60
$945.60
$105.60
David Chow earns $42,000 a year. He is paid weekly. He is married, has no dependents, and claims 2 withholding allowances for federal income tax purposes.The state income tax rate is 2% of taxable income. How much does his employer withhold annually from David's gross pay for state and federal income taxes combined?
$3,276.00
$4,036.00
$1,600.00
$760.00
What is the federal tax owed on a taxable income of $59,475?
$8943
$5444
$9218
Your gross pay is $135 . The local income tax rate is 1.5% How much will be held from local tax?
$2.03
$202.50
David's gross income: $127.25
David's deductions: $25.20
David's net pay: ?
$102.05
$102.45
$112.05
$152.45
