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2.3.9.A1
GettingPaidMath
TotalPointsEarned
30 TotalPointsPossible
Percentage
10/27/2014
Date
Directions:Answerthefollowingquestionstoprovideinformationforthepaycheck.
Hint:Awaytodoublecheckyourworkistoaddyourdeductionsandyournetincome.
Iftheydonotequalyourgrossincome,thenyouneedtorecalculate.
GrossIncome=NetIncome+Deductions
Part1:JoesHourlyPayStub
Inthelastpayperiod,Joeworked80hoursearning$12perhour.Usetheworkspaceandmathtipsto
answerquestions15tocalculateJoespaystubamounts.
Paystubcategories
WorkSpace&MathTips
Paystubamounts
WhatisJoesgrosspay?
1.
960
80hoursx$12perhour=960
WhatisJoesSocialSecurity
deduction(6.2%ofgrosspay)?
WhatisJoesMedicarededuction
(1.45%ofgrosspay)?
InadditiontoSocialSecurityand
MedicareifJoehad$46inFederal
IncomeTax,$21inStateIncomeTax
and$65inemployeebenefits
withheldfromhispaycheck,what
wereJoestotaldeductions?
WhatwasJoesnetpay?
59.52
960
Grosspay___________x.062=
2.
3.
19.92
Grosspay___________x.0145=
59.52
4.
59.52
SocialSecurity__________+
13.92
Medicare__________+$46FederalIncome
Tax+$21StateIncomeTax+$65employee
benefits=
960
Grosspay__________totaldeductions
205.44
_______
59.52
13.92
205.44
5. 754.56
HowmuchwillJoesemployerpayperpayperiodforMedicareandSocialSecurity?
754.56 dollars
TakeChargeTodayAugust2013GettingPaid
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2.3.9.A1
Part2:EdwinsSalaryPayStub
Edwinhasa$60,000annualsalaryandispaidmonthly.Usetheworkspaceandmathtipstoanswer
questions610tocalculateEdwinsMarchpaystubamounts.Then,calculatetheyeartodateamounts.
Paystubcategories
WorkSpace&MathTips
MarchPaystub
amounts
6.
WhatisEdwinsmonthlygrosspay?
5000
$60,000annualsalary/12monthsperyear=
WhatisEdwinsSocialSecurity
deduction(6.2%ofgrosspay)?
5000
Grosspay___________x.062=
WhatisEdwinsMedicarededuction
(1.45%ofgrosspay)?
InadditiontoSocialSecurityand
MedicareifEdwinhad$413in
FederalIncomeTax,$209inState
IncomeTaxand$250inemployee
benefitswithheldfromhispaycheck,
whatwereEdwinstotaldeductions?
WhatwasEdwinsnetpay?
7. 310
8.
5000
Grosspay___________x.0145=
72.5
9.
1254.5
310
SocialSecurity__________+
72.5
Medicare__________+$413FederalIncome
Tax+$209StateIncomeTax+$250
employeebenefits=
5000
Grosspay__________totaldeductions
1254.5
_______
10.
3745.5
Edwinispaidmonthly.Heearnsthesameamountandhasthesamedeductionseachmonth.Usethe
answerscalculatedinquestions610todeterminehisyeartodateineachcategory.ThisisEdwins3rd
paycheckoftheyear.
Paystubcategories
Workspace
YeartodateamountsinEdwins
Marchpaystub
Grosspay
11.
SocialSecurity
310
Medicare
1254.5
12.
13.
72.5*12*3
Totaldeductions
3745.5
310*12*3
72.5
Netpay
180000
5000*12*3
5000
1254.5*12*3
3745.5*12*3
14.
15.
11160
2610
45162
134838
TakeChargeTodayAugust2013GettingPaid
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2.3.9.A1
Part3:ZoesPayStub
ZoebeganworkingJanuary1andheremployerneedsyourassistancetocompletethecalculationsforher
paystub.BecauseZoeworksparttime,heremployerdoesnotofferbenefitsincludinghealthinsurance,
retirementandaccruingemployeeleavetime.Completethecalculationsforherpaystubtofillinthe
paystubbelow.Useinformationfromthepaystubtoanswerquestions1620.
EmployeeInformation
PayDate 4/11/2013
Name
IdentificationNumber
Address
Pay Rate
PayPeriod
ZoeDashwood
0012345
7961NorthRoad
$13.50
3/13/31/2013
(monthly)
Summary
GrossIncome
TotalPersonalDeductions
NetIncome
Current
YTD
Earnings
Type
Rate
Hours
Regular
$13.50
80
Overtime
Current
YTD
Deductions
Type
PersonalDeduction
EmployerContribution
Federalincometax
$58.43
Stateincometax
$26.00
SocialSecurityandMedicare
$82.62
Workerscompensation
$6.21
Unemploymentinsurance
$2.81
16.WhatisZoesgrosspay?
17.WhatisZoesyeartodategrosspay?
18.WhatisZoesSocialSecurityandMedicarededuction?
19.WhatareZoestotaldeductions?
20.WhatisZoesnetpay?
TakeChargeTodayAugust2013GettingPaid
FundedbyagrantfromTakeChargeAmerica,Inc.totheNortonSchoolofFamilyandConsumerSciencesTakeChargeAmericaInstituteatTheUniversityofArizona