Net Income
Presentation
•
Mathematics
•
11th - 12th Grade
•
Hard
Flo SP
Used 2+ times
FREE Resource
5 Slides • 0 Questions
1
Net Income
2
Net Income
The actual pay you get after deductions. This is different from gross income as gross income is the total earnings before deductions.
3
What are the deductions from your paycheck?
Federal Income Tax
State Income Tax
Graduated State Income Tax
Social Security and Medicare Taxes
Group Health Insurance
4
Graduated State Income Tax
This involves a different tax rate for each of several levels of income.
As your income increases, so does the tax rate.
The tax rate on low incomes is usually 1% to 3% while the tax rate on high incomes may be as much as 20%
5
So how do we figure out the total deductions using graduated state income tax?
Step 1: Find the taxable wages (Annual gross pay - Personal Exemptions)
Step 2: Find the annual tax withheld. (Use state tax table)
Net Income
Show answer
Auto Play
Slide 1 / 5
SLIDE
Similar Resources on Wayground
4 questions
Coulomb's Law and Charge
Presentation
•
10th - 12th Grade
5 questions
Greek Review
Presentation
•
10th Grade
2 questions
Reading text : Stating Opinion
Presentation
•
11th Grade
8 questions
9.3 D1 Is Yawning Contagious CYU
Presentation
•
11th - 12th Grade
3 questions
Using Commas With Dates, Geographical Names, And Titles
Presentation
•
12th Grade
8 questions
Multiplicity and End Behavior
Presentation
•
12th Grade
4 questions
Economic Geography
Presentation
•
11th Grade - University
7 questions
Chromophores and Auxophores
Presentation
•
11th - 12th Grade
Popular Resources on Wayground
10 questions
Safety Day 2026 – Student Review
Quiz
•
9th Grade
21 questions
Continents and Oceans
Quiz
•
6th Grade
20 questions
Parts of Speech
Quiz
•
5th Grade
16 questions
Subject & Predicate
Quiz
•
5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
12 questions
Map Skills
Quiz
•
3rd Grade
22 questions
Continents and Oceans
Quiz
•
5th Grade
15 questions
Rounding Decimals
Quiz
•
5th Grade
Discover more resources for Mathematics
12 questions
Identify Rigid Transformations
Quiz
•
8th - 12th Grade
10 questions
Complementary, Supplementary, Vertical, and Linear Pairs
Quiz
•
9th - 12th Grade
22 questions
Identify Vertical and Horizontal Translations
Quiz
•
9th - 12th Grade
10 questions
Graphing Inequalities on a Number Line
Quiz
•
9th - 12th Grade
17 questions
Identifying Parallel And Perpendicular Lines
Quiz
•
9th - 12th Grade
18 questions
Integer Operations
Quiz
•
5th - 12th Grade
18 questions
Parallel lines cut by a transversal
Quiz
•
9th - 11th Grade
14 questions
Evaluate Linear Functions and Their Applications
Quiz
•
9th - 12th Grade