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WorksheetsPF Unit 3 Assessment
Total questions: 15
Worksheet time: 8mins
The ________ form is received from your employer in January of each year and it shows how much you earned and the taxes withheld from your paychecks.
W-4
1040
1099
W-2
Your _________ pay reflects the amount of money you earned in a pay period.
net
take home
gross
taxes
What is the deadline to file personal income taxes in the United States?
January 31
March 1
June 15
April 15
What is the federal tax from you complete to report your income to the government. It also shows you if you have a refund or if you owe money.
1099
W-2
1050
1040
Minimum wage in Syracuse in November 2020 is $______.
11.75
11.80
12.00
12.25
You are paid _______________ if you get a paycheck every other week.
biweekly
semimonthly
weekly
monthly
An amount paid by employers to recognize exceptional work performance is called a _____.
tip
bonus
commission
salary
If you work more than 40 hours in a week, what type of pay are you likely to receive?
straight
bonus
overtime
deferred
Which of these is a "college trap" you should avoid?
graduating on time
taking college classes in high school
declaring a major
changing your major often
(Mark all that apply) Which of these are benefits of working beside your pay?
insurance
tuition assistance
discounts
vacation time
raises
Which of these are an advantage of an internship? (choose 2)
gain experience
waste time
make bank
network in your field
If you fail to pay your student loans, you are in ______.
deferrment
default
defamed
denial
The official term for the amount of money you bring home in your paycheck is _____ pay.
gross
net
take away
overtime
What documents do you need to be looking at to complete your taxes? Mark all that apply.
1040
W-2
W-4
Tax table
Which of these is NOT a standard mandated deduction from paychecks of all workers in the United States.
federal income tax
social security/FICA
retirement payments
state income taxes
