Lesson ProgressPhase 4 of 6
Phase 4Independent Practice
Independent Practice: Deductions and Net Pay
Algorithmic practice calculating net pay with automatic feedback
Independent Practice: Net Pay Calculation
Calculate both the employee's net pay AND the employer's total cost. Round to the nearest dollar.
Mastery Progress
0/5 correct in a row
Get 5 correct in a row to reach mastery.
Problem #1
Employee Data
Gross Pay: $3,000
Filing Status: Married
401(k) Contribution: 5%
State Tax Rate: 0%
$
$
Quick Reference
Employee Deductions
- Federal Income Tax (progressive brackets)
- Social Security: 6.2% (capped)
- Medicare: 1.45% (no cap)
- State Tax (if applicable)
Employer Expenses
- Gross Pay
- Social Security: 6.2% (matches employee)
- Medicare: 1.45% (matches employee)
- Total ≈ Gross × 1.0765