5.10A/B Gross/Net Income & Taxes

5.10A/B Gross/Net Income & Taxes

Assessment

Flashcard

5th Grade

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Gross income is:

Back

the total amount of money you earn

2.

FLASHCARD QUESTION

Front

Alexis worked 24 hours last week. At a rate of $12 per hour, what was Alexis' gross pay?

Back

$288

3.

FLASHCARD QUESTION

Front

Net income is:

Back

the amount of money you receive after deductions are subtracted from your gross income

4.

FLASHCARD QUESTION

Front

Yvonne's gross income: ? Yvonne's deductions: $251.18 Yvonne's net income:$451.82

Back

$703

5.

FLASHCARD QUESTION

Front

Martha's net income is $500, if her gross income is $850, how much are her deductions?

Back

$350

6.

FLASHCARD QUESTION

Front

A deduction is

Back

money taken out of your income

7.

FLASHCARD QUESTION

Front

Gross income minus deductions equals your net income. If Amorelle made $384 in gross income and her deductions are $122, what is her net income?

Back

$262

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