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Taxes and Pay Stubs

  •  English    10     Public
    NGPF Taxes
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  • money paid to the government to help pay for programs and services
    gross pay
    taxes
    net pay
  •  15
  • Pays for national defense
    federal taxes
    local taxes
    state taxes
  •  15
  • Pays for public education, police, and firemen
    federal taxes
    state taxes
    local taxes
  •  15
  • Added to the price of an item you buy at a store
    state income tax
    sales tax
    federal income tax
  •  15
  • Income taxes must be paid and filed every year
    False
    True
  •  15
  • The W-4 helps your employer know how much tax to withhold from your paycheck
    True
    False
  •  15
  • an individual's total earnings throughout a given period before any deductions are made
    Gross Pay
    Net Pay
  •  15
  • take-home pay or the amount employees earn after all payroll deductions are subtracted from their gross pay.
    Gross Pay
    Net Pay
  •  15
  • Funds social security and medicare
    Federal Income Tax
    State Income tax
    FICA
  •  15
  • Your earnings statement includes your year to date gross pay, deductions, and net pay
    True
    False
  •  15