3 pieces of personal information that can be found on your paycheck stub
Name
Address
Employee or social security number
a deduction used to pay for federal governmental agencies and services
Federal income tax
the amount of money an employee earns in a pay period
What is gross income
percentage of taxable income deducted for social security
What is 6.2 percent?
1.45% as a decimal
What is .0145?
The amount that your take home check is written for is called?
What is net pay?
a deduction used to pay for state services
What is state income tax?
Paid at time and a half
What is overtime pay?
When can you use Schedule B?
If you have over $1,500 of taxable interest or ordinary dividends
Ian's job as a lawn mower racer provides him with partial paid health care. If his employer, MOMMA'S MOWER MANIACS, pays 75% of his premium, he is responsible for this much
What is 25%
getting paid every two weeks
What is a bi-weekly payroll schedule?
used to pay for retirement and disability benefits
What is social security?
net income
What is the income you receive, take home pay?
percentage of taxable income deducted for medicare
What is 1.45 percent?
Samantha takes blood all day at the local hospital. She makes $2500 bi weekly. She will pay this much in medicare in this pay period if she claims 0 exemptions. (Medicare=1.45%)
what is $36.25
getting paid twice a month
semi-monthly payroll schedule
provides medical insurance for those who are retired
What is Medicare?
What is FICA?
social security tax
the pay that you should use when making a budget
What is net pay?
Dakota is a beautician who makes $5000/week. If she claims no exemptions, she will pay this much per week in social security (SS is 6.2%)
What is $310?
How many paychecks per year if paid weekly?
What is 52?
A deduction you may have on your check if you work in a city
What is a city tax or local taxes?
What is a W2 form?
A form from your employers to the employee to report your wages.
Who voiced mufasa in the new lion king movie?
Aaron Pierre
If Jacob has been in school for 6 weeks and has been in ISS for 2 of those weeks. This is the percentage of weeks he has spent in ISS this year.
What is 33%?