Week 11 - Federal Income Taxes

Convert the percent to a decimal:

17%

Convert the percent to a decimal:

87%

Convert the percent to a decimal:

8%

Convert the percent to a decimal:

3.2%

Convert the percent to a decimal:

19.4%

The federal government levies a tax on personal income to provide for 

• national defense and law enforcement
• veterans and foreign affairs
• social programs like food and housing assistance and college grants
• All answers shown

As an employee, you can decide when to pay your payroll taxes.

• true
• false

The total amount of earnings after all deductions are taken out

• Gross Pay
• Net Pay
• After-tax Income
• Yucky Pay

To what entity do we pay taxes?

• FBI

• JOB

• IRS

• Mr. Dawson

After applying the standard deduction, how much of a $48,200 salary is taxable income?

• $48,200

• $36,000

• $38,500

• $26,300