Getting Paid Math 2.3.9.A1 PDF
Getting Paid Math 2.3.9.A1 PDF
2.3.9.A1
Getting Paid Math
Total Points Earned
Name
30 Total Points Possible
Date
Percentage
Class
Directions: Answer the following questions to provide information for the paycheck.
Hint: A way to double check your work is to add your deductions and your net income.
If they do not equal your gross income, then you need to recalculate.
Gross Income = Net Income + Deductions
Part 1: Joe’s Hourly Pay Stub
In the last pay period, Joe worked 80 hours earning $12 per hour. Use the work space and math tips to
answer questions 1‐5 to calculate Joe’s pay stub amounts.
Pay stub categories Work Space & Math Tips Pay stub amounts
What is Joe’s gross pay? 1.
80 hours x $12 per hour =
What is Joe’s Social Security 2.
deduction (6.2% of gross pay)? Gross pay___________ x .062 =
What is Joe’s Medicare deduction 3.
(1.45% of gross pay)? Gross pay___________ x .0145 =
In addition to Social Security and 4.
Medicare if Joe had $46 in Federal Social Security__________ +
Income Tax, $21 in State Income Tax Medicare__________ + $46 Federal Income
and $65 in employee benefits Tax + $21 State Income Tax + $65 employee
withheld from his paycheck, what benefits =
were Joe’s total deductions?
What was Joe’s net pay? Gross pay__________ ‐ total deductions 5.
_______
How much will Joe’s employer pay per pay period for Medicare and Social Security?
© Take Charge Today – August 2013 – Getting Paid
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona
Page | 16
2.3.9.A1
Part 2: Edwin’s Salary Pay Stub
Edwin has a $60,000 annual salary and is paid monthly. Use the work space and math tips to answer
questions 6‐10 to calculate Edwin’s March pay stub amounts. Then, calculate the year‐to‐date amounts.
Pay stub categories Work Space & Math Tips March Pay stub
amounts
What is Edwin’s monthly gross pay? 6.
$60,000 annual salary / 12 months per year =
What is Edwin’s Social Security 7.
deduction (6.2% of gross pay)? Gross pay___________ x .062 =
What is Edwin’s Medicare deduction 8.
(1.45% of gross pay)? Gross pay___________ x .0145 =
In addition to Social Security and 9.
Medicare if Edwin had $413 in Social Security__________ +
Federal Income Tax, $209 in State Medicare__________ + $413 Federal Income
Income Tax and $250 in employee Tax + $209 State Income Tax + $250
benefits withheld from his paycheck, employee benefits =
what were Edwin’s total deductions?
What was Edwin’s net pay? Gross pay__________ ‐ total deductions 10.
_______
Edwin is paid monthly. He earns the same amount and has the same deductions each month. Use the
answers calculated in questions 6‐10 to determine his year‐to‐date in each category. This is Edwin’s 3rd
paycheck of the year.
Pay stub categories Work space Year‐to‐date amounts in Edwin’s
March pay stub
Gross pay 11.
Social Security 12.
Medicare 13.
Total deductions 14.
Net pay 15.
© Take Charge Today – August 2013 – Getting Paid
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona
Page | 17
2.3.9.A1
Part 3: Zoe’s Pay Stub
Zoe began working January 1 and her employer needs your assistance to complete the calculations for her
pay stub. Because Zoe works part‐time, her employer does not offer benefits including health insurance,
retirement and accruing employee leave time. Complete the calculations for her pay stub to fill in the
paystub below. Use information from the pay stub to answer questions 16‐20.
Employee Information Pay Date 4/11/2013
Summary
Current
YTD
Earnings
Regular $13.50 80
Overtime 0 0 0 0
Deductions
Federal income tax $58.43 0
State income tax $26.00 0
Social Security and Medicare $82.62
Workers’ compensation 0 $6.21
Unemployment insurance 0 $2.81
16. What is Zoe’s gross pay?
17. What is Zoe’s year‐to‐date gross pay?
18. What is Zoe’s Social Security and Medicare deduction?
19. What are Zoe’s total deductions?
20. What is Zoe’s net pay?
© Take Charge Today – August 2013 – Getting Paid
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona