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

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

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

Social Security Number

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

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

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

Relating to the time period covered by a particular paycheck

Gross Income before tax is calculated

Gross Income before set amount deducted from gross pay for a specific purpose tax is calculated

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

How much did Jose earn (not take home) this pay period?

How much money did Jose take home this pay period?

How much has Jose paid in Social Security Tax since the beginning of the year?

How much has Jose paid in Disability tax so far this year?

How much Medicare tax has been deducted from his current pay?

What is the total amount of Jose’s deductions for this paycheck?

Take a look at the other half of Jose’s pay stub. He makes $10/hour (regular pay) for the first 40 hours he works (or takes sick time) in one week. He makes $15/hour, or “time and a half,” in overtime.

What would Jose’s gross pay be if he worked 52 hours in one week?

Jose’s benefits include vacation and sick time. The pay stub shows how many vacation and sick hours he used this pay period. The balance shows how many hours of vacation and sick time he has left.

How many vacation days does Jose have left? (8 hours count as 1 day.)

Knowing the difference between gross and net pay is the key to understanding your pay stub.

Gross pay is the money you earned before paying taxes and other deductions.

Net pay, also known as take-home pay, is the money you’re left with after deductions are made.

Brenda’s net pay is $525/week. Her gross is $700. How much money is deducted from her paycheck each week?

Knowing the difference between gross and net pay is the key to understanding your pay stub.

Gross pay is the money you earned before paying taxes and other deductions.

Net pay, also known as take-home pay, is the money you’re left with after deductions are taken out.

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

Knowing the difference between gross and net pay is the key to understanding your pay stub.

Gross pay is the money you earned before paying taxes and other deductions.

Net pay, also known as take-home pay, is the money you’re left with after deductions are taken out.

Pedro’s gross pay is $775/week. He pays $223.45 in deductions. What is his net pay?

Knowing the difference between gross and net pay is the key to understanding your pay stub.

Gross pay is the money you earned before paying taxes and other deductions.

Net pay, also known as take-home pay, is the money you’re left with after deductions are taken out.

Ruth earns $13.25/hour. She works 40 hours/week. $90.72 is deducted each week. What’s her net pay?

Knowing the difference between gross and net pay is the key to understanding your pay stub.

Gross pay is the money you earned before paying taxes and other deductions.

Net pay, also known as take-home pay, is the money you’re left with after deductions are taken out.

When making a budget, what figure should you use to predict how much money you have to spend?

Want to know what percentage of your income is deducted? Here’s one way to do the math.

Carol’s gross income is $600. She pays $150 in deductions.

Divide deductions by gross income. (You may want to use a calculator here.) $150/$600 = 0.25

Convert 0.25 to a percent by moving the decimal point two places to the right and adding the percent sign. So 0.25 becomes 25%.

25% of her income is deducted.

Andre’s gross pay is $950. He pays $171 in taxes and health insurance. What percentage of his income is deducted?

Want to know what percentage of your income is deducted? Here’s one way to do the math.

Carol’s gross income is $600. She pays $150 in deductions.

Divide deductions by gross income. (You may want to use a calculator here.) $150/$600 = 0.25

Convert 0.25 to a percent by moving the decimal point two places to the right and adding the percent sign. So 0.25 becomes 25%.

25% of her income is deducted.

Barbara’s deductions total $38.25. Her gross pay is $425. What percentage of her income is deducted?

Want to know what percentage of your income is deducted? Here’s one way to do the math.

Carol’s gross income is $600. She pays $150 in deductions.

Divide deductions by gross income. (You may want to use a calculator here.) $150/$600 = 0.25

Convert 0.25 to a percent by moving the decimal point two places to the right and adding the percent sign. So 0.25 becomes 25%.

25% of her income is deducted.

Frankie’s gross pay is $985. He pays $216.70 in federal taxes. What percentage of his earnings goes to federal taxes?

What percentage of Jose’s current pay goes to state income taxes?

(Divide current state income taxes by current gross pay.)

Social Security tax deducts 6.2% from your gross income. To figure out how much Social Security tax you’ll pay, follow this example:

Ana’s gross pay is $400.

Convert 6.2% to a decimal by dropping the percent sign and moving the decimal point two places to the left. 6.2% = 0.062

Multiply gross pay by 0.062:  $400 × 0.062 = $24.80

Ana pays $24.80 in Social Security tax.

Melinda’s gross pay is $570. If the Social Security tax is 6.2%, how much will she pay in Social Security?