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1.13.1.

A5
Worksheet

Paychecks
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Austin Stern
Name __________________

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block 6
Class __________________

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January 29, 2014


Date __________________

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ACROSS
DOWN
1. These are used to determine the amount of federal
2. This withholding tax percentage is deducted depending on the
taxes withheld from a paycheck.
amount of gross pay earned.
5. This is the amount taken from the employees
3. This is the nations retirement program.
paycheck for medical benefits.
4. The amount of money subtracted from the gross pay earned for
7. A document included each pay period that outlines
mandatory systematic taxes, employee sponsored medical benefits,
paycheck deductions.
and/or retirement benefits.
13. The most common method payment for employees.
5. This is the nations health care policy for elderly and disabled.
14. This is also known as the Electronic Fund Transfer.
6. The amount of money left after all deductions have been
15. The length of time for which an employees wages
withheld from the gross pay earned in the pay period.
are calculated; most are weekly, bi-weekly, twice a
8. A person who relies on the taxpayer for financial support.
month, or monthly.
9. This type of card electronically carries the balance of the
17. These are compulsory charges imposed on citizens
employees net pay.
by local, state, and federal governments.
10. The total amount of money earned during a pay period
before deductions.
11. This withholding tax is the largest deduction withheld from
an employees gross income.
12. This includes Fed OSADI/EE or Social Security and Fed MED/EE or Medicare.
16. They collect federal taxes, issue regulations, and reinforce tax laws
written by the United States Congress.
Family Economics & Financial Education Revised May 2010 Paychecks and Taxes Unit Understanding Your Paycheck Page 18
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

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