Taxes

Your gross earnings were $77,000. Your net earnings were $70,000. What percentage of your gross earnings did you actually take home?

• 10%

• 91%

• 0.9%

• 0.10%

Your taxable income was $82,500. If Social Security is 6.2%, how much will you pay in Social Security?

• $5,115

• $51,150

• $1,330

• $133

Your taxable income is $103,400. If Medicare claims 1.45% of your income, how much will you have left after Medicare deduction?

You owed $5,700 in taxes on your income of $46,000. What percent of your income did you owe in taxes?

• 10.3%

• 8%

• 40.3%

• 12.4%

Which answer is NOT covered by collected tax funds?

• Military

• Social Security

• Sports Teams

• Healthcare

You work part-time for $9.50 an hour. You work for 15 hours this week, how much is your gross pay?

• $ 24.50

• $ 142.50

• $ 155.00

Your gross pay is $525.50. Your net pay is $446.75. How much money was deducted from your pay check?

• $ 972.25

• $ 70.00

• $ 78.75

You make $ 10.75 an hour. You worked 13 hours the first week and 17 hours the second week. How much money did you make in the two weeks?

• $ 40,75

• $ 322.50

• $ 221.00

Your weekly gross pay is $400.00. Your tax rate is 15%. How much is your net pay?

• $ 340.00

• $ 60.00

• $ 266.00

What is net pay?

• The total earnings on your paycheck

• Three taxes that everyone must pay

• How much a person is worth in total

• The amount of your paycheck after taxes are taken out