wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Reality of Pay Check Money

Total questions: 10

Worksheet time: 20mins

Name
Class
Date
1.

Ted earns $20 per hour and works 80 hours this pay period. He takes home 65% of his gross earnings. What is his take-home pay for this pay period?

a)

$800

b)

$1600

c)

$1040

d)

$1300

2.

 

 

How much did Princess pay in Hawai’i taxes this pay period?

a)

$157.59

b)

$146.03

c)

$1178.03

d)

$2750

3.

How much did Ariana withhold in voluntary deductions this pay period?

a)

$844.72

b)

$198.75

c)

$220.83

d)

$419.58

4.

What was Hamza’s net pay for this pay period?

a)

$8238.24

b)

$3600

c)

$2206.08

d)

$1620

5.

Imani’s salary is $100,000 per year. She withholds 23% of her paycheck in taxes, 15% for retirement, and 5% for health insurance. What is her approximate take-home pay for the year?

a)

$57000

b)

$43000

c)

$23000

d)

$15000

6.

In the last pay period, Joana paid $201.60 in total taxes on her gross earnings of $1120. What percentage of her gross income do they pay in taxes?

a)

18%

b)

23%

c)

6.2%

d)

20%

7.

Mei starts a job with a $72,000 annual salary that is paid twice a month. How much should she expect her gross pay to be on her first paycheck?

a)

$6000

b)

$3000

c)

$9000

d)

$1500

8.

Marc earns $3,300 per month in gross income. He withholds 28% of his paycheck in taxes and deductions. What is his monthly net pay?

a)

$1500

b)

$2140

c)

$924

d)

$2376

9.

Jules is a salaried employee who is signed up for direct deposit. Twice a month, he receives $1,590. What is his annual take-home pay?

a)

$48000

b)

$1590

c)

$38160

d)

$19080

10.

Most people pay 7.65% of their paystub in FICA taxes (Social Security and Medicare). If John earns $50,000 per year, how much should he expect to pay in FICA taxes?

a)

$3825

b)

$46175

c)

$7650

d)

$7655