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2.3.9.A1

GettingPaidMath

TotalPointsEarned

30 TotalPointsPossible

Percentage

Name Madi Hornbuckle

Date

Class

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

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Page|16
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)?

72.5
5000
Grosspay___________x.062=

WhatisEdwinsMedicarededuction
(1.45%ofgrosspay)?
InadditiontoSocialSecurityand
MedicareifEdwinhad$413in
FederalIncomeTax,$209inState
IncomeTaxand$250inemployee
benefitswithheldfromhispaycheck,
whatwereEdwinstotaldeductions?
WhatwasEdwinsnetpay?

7. 72.5
8.

72.5
5000
Grosspay___________x.0145=

1254.25

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

12.
13.

72.5x12x3

Totaldeductions

3745.5

310x12x3

72.5

Netpay

180000

500x12x3

5000

1254x12x3
3745.5x12x3

14.
15.

11160

2610

45162
134838

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Page|17
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