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Worksheets

Paycheck Terms

Total questions: 13

Worksheet time: 23mins

Name
Class
Date
1.

A portion of one’s personal income paid to a government including the federal and state.

a)

Income

b)

Gross Pay

c)

Net Pay

d)

Income tax

2.

Is the total amount you earn before any deductions are subtracted.

a)

Net Pay

b)

Gross Pay

c)

Income

d)

Taxes

3.
Income amount remaining after all deductions have been taken out of gross pay.
a)
Net Pay
b)
Gross Pay
c)
Income
d)
Taxes
4.

A fixed hourly rate earned by employees

a)

Income

b)

Net Pay

c)

Wage

d)

Gross Pay

5.
Required charges of citizens by local, state and federal governments
a)
Payroll 
b)
Deductions
c)
Taxes 
6.
Social security and medicare fall under 
a)
FICA 
b)
State 
c)
Federal 
d)
401K
7.
True or False: Social Security  helps provide retirement income for the elderly and pays disability benefits
a)
True 
b)
False 
8.

Tara’s deductions add up to $112 a week. If her net pay is $425 a week, what is her gross pay?

a)

$112.00

b)

$313.00

c)

$425.00

d)

$537.00

9.

The lowest hourly rate an employer may legally pay most workers.

a)

Tips

b)

Salary

c)

Minimum Wage

10.

If you worked 40 hours per week at $10 per hour, what is your gross income for the week?

a)

$227

b)

$4000

c)

$40

d)

$400

11.

What's a check stub?

a)

What you give to the bank to deposit.

b)

The part of a paycheck that lists deductions from your salary

c)

It's an envelope.

12.

Money taken out of paycheck

a)

statement of earnings

b)

withholding

c)

income

d)

direct deposit

13.

What two forms must you fill out when you start a new job?

a)

I-7 and W-12

b)

I-9 and W-4

c)

I-4 and W-9

d)

I-2 and W-8