Title: Microsoft Word - Net+Pay+Worksheet for activity 12 Teen USA Payroll Register
Author: williamsll
Last saved by: Williams, Lisa L
Company: Clayton County Public Schools

Net Pay Worksheet – Calculate the Net Pay for each situation below.
1)	Sandra earns $13.50/hour and works 32 hours.

Determine gross pay 	
(hint hourly rate x hours worked)
Gross Pay:  	

Deductions:	Deduction	x Factor	Amount

Federal Tax = 15% of your gross pay Social Security Tax = 6.2% of your gross pay
Medicare Tax = 1.45% of your gross pay
State Tax = 4% of your gross pay Pension = 3% of your gross pay

Federal Tax | 15% |
Social Sec | 6.2% |
Medicare Tax | 1.45% |
State Tax | 4% |
Pension | 3% |
Total Deductions |

Work:	Net Pay:  	
Hint: Net Pay = Gross Pay- Deductions

2)	Madison earns $11.50/hour and works 25 hours.

Determine gross pay  	
(hint hourly rate x hours worked)

Gross Pay:  	

Deductions:	Deduction	x Factor	Amount

Federal Tax = 15% of your gross pay Social Security Tax = 6.2% of your gross pay
Medicare Tax = 1.45% of your gross pay
State Tax = 4% of your gross pay Pension = 3% of your gross pay

Federal Tax | 15% |
Social Sec | 6.2% |
Medicare Tax | 1.45% |
State Tax | 4% |
Pension | 3% |
Total Deductions |

Work:	Net Pay:  	
Hint: Net Pay = Gross Pay- Deductions

3)	David earns $12.00/hour and works 36 hours.

Determine gross pay  	
(hint hourly rate x hours worked)

Gross Pay:  	

Deductions:	Deduction	x Factor	Amount

Federal Tax = 15% of your gross pay Social Security Tax = 6.2% of your gross pay
Medicare Tax = 1.45% of your gross pay
State Tax = 4% of your gross pay Pension = 3% of your gross pay

Federal Tax | 15% |
Social Sec | 6.2% |
Medicare Tax | 1.45% |
State Tax | 4% |
Pension | 3% |
Total Deductions |

Work:	Net Pay:  	
Hint: Net Pay = Gross Pay- Deductions

4)	Ted earns $11.25/hour and works 39 hours.

Determine gross pay  	
(hint hourly rate x hours worked)

Gross Pay:  	

Federal Tax = 15% of your gross pay
Social Security Tax = 6.2% of your gross pay
Medicare Tax = 1.45% of your gross pay
State Tax = 4% of your gross pay Pension = 3% of your gross pay

Federal Tax = 15% of your gross pay
Social Security Tax = 6.2% of your gross pay
Medicare Tax = 1.45% of your gross pay
State Tax = 4% of your gross pay Pension = 3% of your gross pay

Deductions:	Deduction	x Factor	Amount
| Federal Tax | 15% |

Federal Tax = 15% of your gross pay Social Security Tax = 6.2% of your gross pay
Medicare Tax = 1.45% of your gross pay
State Tax = 4% of your gross pay Pension = 3% of your gross pay

| Social Sec | 6.2% |
| Medicare Tax | 1.45% |
| State Tax | 4% |
| Pension | 3% |
| Total Deductions |

Work:	Net Pay:  	
Hint: Net Pay = Gross Pay- Deductions

Teen USA Payroll Register