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Hourly Pay

Total questions: 20

Worksheet time: 45mins

Name
Class
Date
1.

Tonya Smith is a cashier at the local supermarket. She worked a total of 42.5 hours this week. If her regular pay is $8.25, what is Tonya’s gross pay?

a)

$360.94

b)

$330

c)

$350.63

2.

Michael works in a supermarket. He is paid $10.80 per hour.

How much will he earn if he works a 37 hour week?

a)

$399.60

b)

$400

c)

$10.80

3.
Kyle worked a 36 hour week.  If his rate is $10.00 an hour, how much did he earn last week?
a)
$360.00
b)
$400.00
c)
$270.00
d)
$350.00
4.

Gail earns $10.50 per hour and worked 32 hours this week. What is her weekly pay?

a)

$336.00

b)

$340.50

c)

$420.00

5.

Randy works 40 hours a week. His regular hourly rate is $23.61. How much does Randy make per week?

a)

$944.40

b)

$11805

c)

$47220

6.
A part-time receptionist earns $6.75 per hour.  If she works 30 hours, how much  will she earn?  
a)
$4.44
b)
$202.50
7.
The federal government levies a tax on personal income to provide for 
a)
national defense and law enforcement
b)
veterans and foreign affairs
c)
social programs like food and housing assistance and college grants
d)
All answers shown
8.
Which form tells an employer how much to deduct for taxes?
a)
W2
b)
W4
c)
1099
d)
1040
9.

1. Where does the government get most of its money?

a)

a. It prints money

b)

b. It sells land

c)

c. Taxes

d)

d. It produces products to sell

e)

e. Donations

10.

6. What type of tax takes a percentage of the money you make on a job?

a)

a. Income tax

b)

b. Property tax

c)

c. Sales Tax

d)

d. Social Security tax

e)

e. Medicare tax

11.

10. What is the name of the agency that collects taxes in the United States?

a)

a. Secret Service

b)

b. Federal Bureau of Investigation

c)

c. Internal Revenue Service

d)

d. Department of Energy

e)

e. Department of the Interior

12.

Which of these things will reduce your tax liability DOLLAR FOR DOLLAR?

a)

Tax deduction

b)

Tax credit

c)

Tax bracket

d)

Standard deduction

13.

The amount you owe in taxes is calculated based on your

a)

Taxable income

b)

Gross income

c)

Net income

d)

Adjusted Gross Income

14.

When people refer to "tax day" , they mean...

a)

January 1, the first day of the year

b)

January 31, the last day to receive your tax forms

c)

Whatever day your tax refund comes in the mail

d)

April 15, the deadline to file taxes

15.

Which of the following things will help lower taxpayeers federal tax bill in 2022?

a)

Take on a second job

b)

Itemize her tax deductions

c)

Contribute to a retirement account like a 401k

d)

Move to a state without income tax

16.

Which form is used to file your tax return with the IRS?

a)

W-2

b)

W-4

c)

1099

d)

1040

17.

Any tax debt that you owe to the government is known as your:

a)

Taxable Refund

b)

Taxable income

c)

Tax liability

d)

Marginal tax rate

18.

Generally, your filing status is determined.....

a)

on April 15th

b)

on the last day of the year.

c)

on the first day of the following year

d)

on your birthday

19.

Round $12.46 to the nearest tenth

a)

$13.00

b)

$12.40

c)

$12.50

d)

$12.36

20.

Round $66.789 to the nearest hundredth.

a)

$66.78

b)

$66.79

c)

$66.780

d)

$67.00