Deductions
A deduction that is taken out whether you like it or not.
What is a Mandatory Deduction?
Kiki worked 15 hours at $20/hour. This is her gross pay.
What is $300?
Maricela owes $2,493 in taxes but has $2,670 withheld. She will receive this amount as a refund.
What is $177?
Given f(x) = -4x + 7, what is f(2)?
What is -1?
A health-related deduction that can be voluntary or mandatory depending on your employer.
What is healthcare?
This deduction helps pay for government programs for the elderly and disabled.
What is Social Security?
Kiki’s paycheck shows withholdings of $40 for 401(k), $20 for FICA, $26 for federal taxes, and $8 for healthcare. This is her net pay.
What is $206?
Georgia owes $1,941 in taxes, and her taxable income was $16,175. This is her effective tax rate.
What is 12%?
The domain and range of a function describe these aspects.
What are the possible input and output values?
Sales tax is an example of this type of tax.
What is a consumption tax?
Retirement savings taken out of your paycheck voluntarily.
What is 401(k)?
The difference between a wage and a salary.
Winston spends $984 on home goods, with a sales tax of 8.19%. This is his total bill.
What is $1,064.49?
This is the total deduction when the gross pay is $1,250 in Isaac’s function f(x)=0.16x+140.
What is $340?
A form used to report yearly income for tax purposes
What is a W-2?
A person who adopts a baby and wants to change their tax withholdings must complete this form.
What is a W-4?
James paid this much in taxes, according to his W-2 form
What is $2,861.30?
Of the options, this percentage represents the highest rational number.
What is 389 out of 910?
This ordered pair represents f(2) in the equation f(x)=−4x+7.
What is (2, -1)?
This item from the test asks for a reflection on what students learned.
What is "something that will help in real life"?
Tamara's annual gross pay is $74,000 and her net pay is $65,860.
What is the percentage of gross pay Tamara spends on taxes every pay period.
What is 11%?
Isaac’s payroll deduction function is given by
f(x)=0.16x+140.
For a gross pay of $1,400, this is his total deduction.
What is $364?
Tamara pays 11% in taxes and $200 in voluntary deductions. This equation represents her net pay.
What is f(x)=0.89x−200?
The term for a function like f(x)=0.89x−200 that involves a constant rate of change.
What is a linear function?
This document is often used to help plan for retirement and can involve deductions.
What is a 401(k) statement?