Understanding Income and Taxes
Quiz
•
Other
•
11th - 12th Grade
•
Medium
Elyse McGinn
Used 14+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Please match each definition with the correct term:
Amounts of money subtracted from an employee's total pay.
Deductions
Exemption
Form W-2
Form W-4
Gross Pay
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Please match each definition with the correct term:
A form that tells the employer how much tax to withhold from an employee's paycheck.
Deductions
Exemption
Form W-2
Form W-4
Gross Pay
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Please match each definition with the correct term:
A form that states the amount the employee was paid in the previous year.
Deductions
Exemption
Form W-2
Form W-4
Gross Pay
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Please match each definition with the correct term:
Take-home pay.
Deductions
Exemption
Net Pay
Medicare
Gross Pay
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Please match each definition with the correct term:
A set amount of money in which a person does not have to pay tax.
Deductions
Exemption
Net Pay
Medicare
Gross Pay
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Please match each definition with the correct term:
The total amount an employee earns for a pay period before any deductions are subtracted.
Deductions
Exemption
Net Pay
Medicare
Gross Pay
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Please match each definition with the correct term:
The federal government's insurance program for people over age 65 or for certain people with disabilities.
Deductions
Exemption
Net Pay
Medicare
Gross Pay
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