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WorksheetsPay Stubs & Taxes
Total questions: 10
Worksheet time: 5mins
What is the term for money taken out of a paycheck?
salary
deduction
subtraction
none of the above
The money earned before money is taken out of a paycheck is called what?
net pay
earned pay
gross pay
full pay
The time period in which an employee gets paid is called?
pay check
pay period
time period
none of these
Which are considered mandatory deductions from a paycheck?
social security
medicare
federal income tax
all of these
Which are considered optional deductions from a paycheck?
life insurance
health insurance
union dues
all of these
State tax monies might be used for:
healthcare
transportation
education
all of these
Federal tax monies might be used for:
healthcare
groceries
parks & recreation
computer networks
There are taxes on:
income
all of these
property
goods & services
If I decide to purchase a television I will pay what type of tax?
gift
sales
income
property
How do the governments get my income tax monies?
take it out of a paycheck
go to my bank and withdraw it
mail my paycheck to them
they go through the courts
