1.1 Your Job, Careers, Job Application
A full-time employee is defined by the IRS as working at least this many hours per week or this many hours per month. (2 answers)
What is 30 hours per week or 130 hours per month
What does FICA consist of?
What is Social Security and Medicare
Corra recently started working as a manager of the local grocery store, Pigly Wigly. She is currently working 40 hours a week and being paid a wage of $10/hour. She gets paid by the Pigly Wigly bi-weekly. Corra is married. Her husband also works and they have chosen to file a "combined" tax return. Corra and her husband have 1 dependent child.
If Corra worked her regular 40 hour work weeks, what would be her bi-weekly gross pay?
What is $800
I am received in January and there is one of me for every job that you are considered an employee. What tax form am I?
What is W-2
Jill is 16 years old and worked at her local grocery store over the summer earning $5,600. Is Jill legally required to file a tax return? If not, should she file anyway? Explain.
No, Jill is not legally required to file a tax return because she did not meet the minimum income requirement to file. However, she should file a tax return because she is likely to get a refund.
What are the 4 types of pay we covered in class?
What is Wage, Salary, Stipend, and Commission
What percentages do Social Security and Medicare use to calculate the amount in taxes taken from each paycheck? (2 answers)
What is 6.2% (SS) and 1.45% (M)
Corra recently started working as a manager of the local grocery store, Pigly Wigly. She is currently working 40 hours a week and being paid a wage of $10/hour. She gets paid by the Pigly Wigly bi-weekly. Corra is married. Her husband also works and they have chosen to file a "combined" tax return. Corra and her husband have 1 dependent child.
Based on Corra's bi-weekly gross pay, how much will be deducted for Social Security?
What is $49.60
I am completed by April 15th and am required to receive a tax refund. What tax form am I?
What is Form 1040
Give two reasons why someone would go to a tax professional (rather than using tax filing software or using the paper forms) to file their tax return.
[Answers may vary]
Their filing status may have changed (e.g. From married to divorced, single to married, etc)
They may not be comfortable doing their taxes on their own
They may not have the time to do their own taxes
They have a lot of questions about how to do their taxes and need to refer to a professional
They might have had a significant life event that impacts their taxes (buying a house, a large inheritance, etc.)
What are the 4 mandated benefits of a full-time employee in the US?
1. Social Security
2. Medicare
3. Worker's Compensation
4. Unemployment Insurance
When do you fill out a W-4?
What is on the first day of a job or when you start a job
Corra recently started working as a manager of the local grocery store, Pigly Wigly. She is currently working 40 hours a week and being paid a wage of $10/hour. She gets paid by the Pigly Wigly bi-weekly. Corra is married. Her husband also works and they have chosen to file a "combined" tax return. Corra and her husband have 1 dependent child.
Based on Corra's bi-weekly gross pay, how much will be deducted for Medicare?
What is $11.60
I am received when you start a job and you use me to prove that you are eligible to work in the US. What form am I?
What is I-9
This is the deadline to file your tax return
What is: April 15th
Tyson was just hired for a salary position at Shelter Insurance. He was informed his salary will start at $60,000 per year and will be paid monthly. Tyson should expect to see $_____ on his paystub each month for gross pay.
Who receives a W-2?
What is the employee and the IRS
Juanita has a part-time job that pays $12/hour and works about 50 hours every month. Her deductions are Social Security (6.2%), Medicare (1.45%) and state and federal income tax ($60). What is her approximate net pay? (She is paid monthly)
What is $494
I am received on the first day of work, and you must fill me out to let your employer know how much should be taken out for taxes from each paycheck.
What is a W-4
Other than federal income tax and FICA taxes, list 2 other things that may be withheld from your paycheck.
What is: (answers may vary)
401(k) contributions
HSA contributions
Health insurance premiums
State income tax
Local income tax
Lisa, a high school student, bags groceries at the local supermarket three nights a week during the school year. She is a ______ (Part time/Full time) worker and likely gets paid ________ (Hourly/Salary).
1. Part time
2. Hourly
What are the 4 mandatory deductions (taxes) for all US workers?
What is Federal Income Tax, State Income Tax (Unless in one of the 9 states that dont require it), Social Security, and Medicare
Isaiah works for the summer at a technology company and has a salary for the summer of $3,000. After federal and state taxes and Social Security/Medicare taxes are deducted, his take-home pay is $2,500. What is Isaiah's gross and net pay?
What is gross pay: $3000, Net Pay: $2500
A (Fill in the blank)_______ is a employer-sponsored retirement savings plan that allows employees to contribute a portion of their income to an investment account.
What is a 401k
Kylie worked a part time job earning $10,000 from a grocery store and another job earning $20,000 as a lifeguard during 2026. She also worked a side gig earning $600 as a photographer. Which forms should Kylie expect to receive, how many, and by when?
What is: 2 W-2s, 1 1099, and they should be sent no later than January 31st.