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Reading a paystub 1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

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

a)

Rate

b)

Net Pay

c)

Deduction

d)

Gross Pay

2.

The amount of money you earn before taxes and other expenses are taken out

a)

Rate

b)

Net Pay

c)

SSN

d)

Gross Pay

3.

Wage, or the amount of money you earn per unit of time, such as hour or week.

a)

YTD

b)

Rate

c)

Net Pay

d)

W-4

4.

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

a)

Deduction

b)

Gross Pay

c)

SUI

d)

Net Pay

5.

Social Security Number

a)

YTD

b)

SUI

c)

W-4

d)

SSN

6.

Year to date: Total earnings or deductions from Jan.1 to date of paycheck

a)

YTD

b)

SUI

c)

W-4

d)

SSN

7.

A form that tells your employer how much federal tax to take out of your pay

a)

YTD

b)

SUI

c)

SSN

d)

W-4

8.

State Unemployment Insurance: A benefit for those who are eligible that provides temporary financial assistance when unemployed.

a)

YTD

b)

SUI

c)

W-4

d)

SSN

9.

Gross income before tax is calculated

a)

Allowance

b)

Current

c)

Benefit

d)

Pretax

10.

A cost, such as health insurance, paid in full or in part by an employer.

a)

Allowance

b)

Pretax

c)

Current

d)

Benefit