Paycheck Calculations Quiz Rasheed works at the recreation center 20 hours a week during
the school year. He earns $12.25 an hour. In a typical month, he
works 82 hours. Calculate his monthly taxes below.
Gross Monthly Income $_
Monthly Federal Income Tax (10%) $_
Monthly Social Security (7%)
$
Monthly Medicare (2%)
$
$
Monthly State Tax (6%)
Monthly Local Tax (3%),
Total Monthly Deductions
$
$
Rasheed's NMI (Net Monthly Income) $
Define any two vocabulary terms used in lessons 1 thru 3.