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Ned Tucker has three children.

Business Math 12 - Payroll (Same Pay - Different Number of Dependents)

This Math quiz is called 'Business Math 12 - Payroll (Same Pay - Different Number of Dependents)' and it has been written by teachers to help you if you are studying the subject at middle school. Playing educational quizzes is a fabulous way to learn if you are in the 6th, 7th or 8th grade - aged 11 to 14.

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This quiz will continue the series of quizzes surrounding payroll. By learning how payroll works now, you will be far more informed when you finally get out into the business world. The first thing you learned about payroll is that when you were told what your salary would be, it turned out to be completely different from what you actually get to take home in your paycheck.

Paychecks include all kinds of deductions such as federal taxes, state taxes, Medicare taxes, health insurance premiums and retirement savings. In fact, more deductions can be added in later as you age (such as long-term care assistance) but we will not address that here. The next thing you learned was that the amount of taxes taken out of your paycheck were different if you were single or if you were married with dependents.

This quiz will continue to address the tax deductions based on marital status and the number of dependents only this time we will take individuals who earn (their salary) the same exact amount but their number of dependents will differ. This is to show you that even though two or more people can make the same salary, the amount each takes home will be different. If at this point you have not already taken the PAYROLL (An Introduction) and PAYROLL (Calculation Take Home Pay with Dependents), now would be a good time to take those quizzes first as they will help you to understand how to work out the problems. For those who have taken those quizzes and feel comfortable with working out payroll problems, let’s move forward and see how each person’s take home pay will be different even though they make the same salary.

Penny Jackson makes $2,200.00 bi-monthly. She is single and has two children. She pays $315.00 each pay period for medical coverage for herself and her children. She puts in 4.5% of her pay to her 401K retirement plan. Her state income tax is 7.89%. According to the federal government she needs to pay $218.00 in federal taxes each pay period. The state government wants her to pay $108.00 in state taxes each pay period. How much money will she bring home in her paycheck?

$1,323.37

$1,233.37

$1,233.73

$1,332.73

Working the Problem:
$2,200.00 bi-monthly (also referred to as semi-monthly)
$2,200.00 - $315.00 (health insurance premium) = $1,885.00
$2,200.00 x .045 = $99.00 (401K retirement deduction)
$1,885.00 - $99.00 = $1,786.00
$1,786.00 x .062 (social security tax) = $110.732 (rounded to $110.73)
$1,786.00 x .0145 (Medicare tax) = $25.897 (rounded to $25.90)
$1,786.00 - $218.00 (federal tax) = $1,568.00
$1,568.00 - $108.00 (state tax) = $1,460.00
$1,460.00 - $110.73 (social security tax) = $1,349.27
$1,349.27 - $25.90 (Medicare tax) = $1,323.37
Solution: Penny’s take home pay each pay period with three dependents is $1,323.37
Answer (a) is the correct answer

Ned Tucker makes $975.00 per week. He is single and has three children. He pays $85.00 each week for medical coverage for his family. He puts in 3% of his weekly pay to his 401K retirement plan. His state income tax is 5.95%. According to the federal government he needs to pay $70.00 in federal taxes each pay period. The state government wants him to pay $39.00 in state taxes each pay period. How much money will he bring home each week in his paycheck?

$689.50

$658.09

$658.90

$685.90

Working the Problem:
$975.00 per week
$975.00 - $85.00 (health insurance premium) = $890.00
$975.00 x .03 = $29.25 (401K retirement deduction)
$890.00 - $29.25 = $860.75
$860.75 x .062 (social security tax) = $53.3665 (rounded to $53.37)
$860.75 x .0145 (Medicare tax) = $12.480875 (rounded to $12.48)
$860.75 - $70.00 (federal tax) = $790.75
$790.75 - $39.00 (state tax) = $751.75
$$751.75 - $53.37 (social security tax) = $698.38
$698.38 - $12.48 (Medicare tax) = $685.90
Solution: Ned’s take home pay each week with four dependents is $685.90
Answer (d) is the correct answer

David Stringer makes $2,200.00 bi-monthly. He is married and has five children. He pays $315.00 each pay period for medical coverage for himself and his family. He puts in 4.5% of his pay to his 401K retirement plan. His state income tax is 7.89%. According to the federal government he needs to pay $71.00 in federal taxes each pay period. The state government wants him to pay $73.00 in state taxes each pay period. How much money will he bring home in his paycheck?

$1,503.57

$1,507.35

$1,505.37

$1,505.73

Working the Problem:
$2,200.00 bi-monthly (also referred to as semi-monthly)
$2,200.00 - $315.00 (health insurance premium) = $1,885.00
$2,200.00 x .045 = $99.00 (401K retirement deduction)
$1,885.00 - $99.00 = $1,786.00
$1,786.00 x .062 (social security tax) = $110.732 (rounded to $110.73)
$1,786.00 x .0145 (Medicare tax) = $25.897 (rounded to $25.90)
$1,786.00 - $71.00 (federal tax) = $1,715.00
$1,715.00 - $73.00 (state tax) = $1,642.00
$1,642.00 - $110.73 (social security tax) = $1,531.27
$1,531.27 - $25.90 (Medicare tax) = $1,505.37
Solution: David’s take home pay each pay period with seven dependents is $1,505.37
Answer (c) is the correct answer

Travis Becker makes $975.00 per week. He is married and has no children. He pays $85.00 each week for medical coverage for his family. He puts in 3% of his weekly pay to his 401K retirement plan. His state income tax is 5.95%. According to the federal government he needs to pay $82.00 in federal taxes each pay period. The state government wants him to pay $44.00 in state taxes each pay period. How much money will he bring home each week in his paycheck?

$866.90

$686.90

$668.90

$698.60

Working the Problem:
$975.00 per week
$975.00 - $85.00 (health insurance premium) = $890.00
$975.00 x .03 = $29.25 (401K retirement deduction)
$890.00 - $29.25 = $860.75
$860.75 x .062 (social security tax) = $53.3665 (rounded to $53.37)
$860.75 x .0145 (Medicare tax) = $12.480875 (rounded to $12.48)
$860.75 - $82.00 (federal tax) = $778.75
$778.75 - $44.00 (state tax) = $734.75
$734.75 - $53.37 (social security tax) = $681.38
$681.38 - $12.48 (Medicare tax) = $668.90
Solution: Travis’s take home pay each pay period with two dependents is $668.90
Answer (c) is the correct answer

Trevor Sparks makes $6,100.00 monthly. He is married and has 2 children. He pays $655.00 each pay period for medical coverage for his family. He puts in 3.5% of his pay to his 401K retirement plan. His state’s income tax is 5.65%. According to the federal government he needs to pay $536.00 in federal taxes each month. The state government wants him to pay $295.00 in state taxes each week. How much money will he bring home in his paycheck?

$4,000.29

$4,120.29

$4,302.29

$4,203.29

Working the Problem:
$6,100.00 per month
$6,100.00 - $655.00 (health insurance premium) = $5,445.00
$6,100.00 x .035 = $213.50 (401K retirement deduction)
$5,445.00 - $213.50 = $5,231.50
$5,231.50 x .062 (social security tax) = $324.353 (rounded to $324.35)
$5,231.50 x .0145 (Medicare tax) = $75.85675 (rounded to $75.86)
$5,231.50 - $536.00 (federal tax) = $4,695.50
$4,695.50 - $295.00 (state tax) = $4,400.50
$4,400.50 - $324.35 (social security tax) = $4,076.15
$4,076.15 - $75.86 (Medicare tax) = $4,000.29
Solution: Trevor’s take home pay each month with four dependents is $4,000.29
Answer (a) is the correct answer

Frank Peterson makes $6,100.00 monthly. He is married and has 1 child. He pays $655.00 each pay period for medical coverage for his family. He puts in 3.5% of his pay to his 401K retirement plan. His state’s income tax is 5.65%. According to the federal government he needs to pay $586.00 in federal taxes each month. The state government wants him to pay $306.00 in state taxes each week. How much money will he bring home in his paycheck?

$3,993.92

$3,939.29

$3,399.29

$3,939.92

Working the Problem:
$6,100.00 per month
$6,100.00 - $655.00 (health insurance premium) = $5,445.00
$6,100.00 x .035 = $213.50 (401K retirement deduction)
$5,445.00 - $213.50 = $5,231.50
$5,231.50 x .062 (social security tax) = $324.353 (rounded to $324.35)
$5,231.50 x .0145 (Medicare tax) = $75.85675 (rounded to $75.86)
$5,231.50 - $586.00 (federal tax) = $4,645.50
$4,645.50 - $306.00 (state tax) = $4,339.50
$4,339.50 - $324.35 (social security tax) = $4,015.15
$4,015.15 - $75.86 (Medicare tax) = $3,939.29
Solution: Frank’s take home pay each month with three dependents is $3,939.29
Answer (b) is the correct answer

Melissa Wendover makes $2,200.00 bi-monthly. She is single and has five children. She pays $315.00 each pay period for medical coverage for herself and her children. She puts in 4.5% of her pay to her 401K retirement plan. Her state income tax is 7.89%. According to the federal government she needs to pay $141.00 in federal taxes each pay period. The state government wants her to pay $92.00 in state taxes each pay period. How much money will she bring home in her paycheck?

$1,164.37

$1,146.37

$1,641.37

$1,416.37

Working the Problem:
$2,200.00 bi-monthly (also referred to as semi-monthly)
$2,200.00 - $315.00 (health insurance premium) = $1,885.00
$2,200.00 x .045 = $99.00 (401K retirement deduction)
$1,885.00 - $99.00 = $1,786.00
$1,786.00 x .062 (social security tax) = $110.732 (rounded to $110.73)
$1,786.00 x .0145 (Medicare tax) = $25.897 (rounded to $25.90)
$1,786.00 - $141.00 (federal tax) = $1,645.00
$1,645.00 - $92.00 (state tax) = $1,553.00
$1,553.00 - $110.73 (social security tax) = $1,442.27
$1,442.27 - $25.90 (Medicare tax) = $1,416.37
Solution: Melissa’s take home pay each pay period with six dependents is $1,416.37
Answer (d) is the correct answer

Aiden Miller makes $865 per week. He is married and has 2 children. He pays $63.50 each week for medical coverage for his family. He puts in 2% of his weekly pay to his 401K retirement plan. His state income tax is 6.8%. According to the federal government he needs to pay $42.00 in federal taxes each week. The state government wants him to pay $33.00 in state taxes each week. How much money will he bring home each week in his paycheck?

$692.14

$649.21

$694.12

$642.91

Working the Problem:
$865.00 per week
$865.00 - $63.50 (health insurance premium) = $801.50
$865.00 x .02 = $17.30 (401K retirement deduction)
$801.50 - $17.30 = $784.20
$784.20 x .062 (social security tax) = $48.6204 (rounded to $48.62)
$784.20 x .0145 (Medicare tax) = $11.3709 (rounded to $11.37)
$784.20 - $42.00 (federal tax) = $742.20
$742.20 - $33.00 (state tax) = $709.20
$709.20 - $48.62 (social security tax) = $660.58
$660.58 - $11.37 (Medicare tax) = $649.21
Solution: Aiden’s take home pay each week with four dependents is $649.21
Answer (b) is the correct answer

Marvin Wilde makes $6,100.00 monthly. He is married and has 7 children. He pays $655.00 each pay period for medical coverage for his family. He puts in 3.5% of his pay to his 401K retirement plan. His state’s income tax is 5.65%. According to the federal government he needs to pay $289.00 in federal taxes each month. The state government wants him to pay $243.00 in state taxes each week. How much money will he bring home in his paycheck?

$4,929.92

$4,299.29

$4,992.29

$4,299.92

Working the Problem:
$6,100.00 per month
$6,100.00 - $655.00 (health insurance premium) = $5,445.00
$6,100.00 x .035 = $213.50 (401K retirement deduction)
$5,445.00 - $213.50 = $5,231.50
$5,231.50 x .062 (social security tax) = $324.353 (rounded to $324.35)
$5,231.50 x .0145 (Medicare tax) = $75.85675 (rounded to $75.86)
$5,231.50 - $289.00 (federal tax) = $4,942.50
$4,942.50 - $243.00 (state tax) = $4,699.50
$4,699.50 - $324.35 (social security tax) = $4,375.15
$4,375.15 - $75.86 (Medicare tax) = $4,299.29
Solution: Marvin’s take home pay month with nine dependents is $4,299.29
Answer (b) is the correct answer

10.

Carol Harris makes $865 per week. She is married and has 8 children. She pays $63.50 each week for medical coverage for her family. She puts in 2% of her weekly pay to her 401K retirement plan. Her state income tax is 6.8%. According to the federal government she needs to pay $0.00 in federal taxes each week. The state government wants her to pay $19.00 in state taxes each week. How much money will she bring home each week in her paycheck?

$750.21

$725.01

$752.10

$705.21

Working the Problem:
$865.00 per week
$865.00 - $63.50 (health insurance premium) = $801.50
$865.00 x .02 = $17.30 (401K retirement deduction)
$801.50 - $17.30 = $784.20
$784.20 x .062 (social security tax) = $48.6204 (rounded to $48.62)
$784.20 x .0145 (Medicare tax) = $11.3709 (rounded to $11.37)
$784.20 - $0.00 (federal tax) = $784.20
$784.20 - $19.00 (state tax) = $765.20
$765.20 - $48.62 (social security tax) = $716.58
$716.58 - $11.37 (Medicare tax) = $705.21
Solution: Carol’s take home pay each week with ten dependents is $705.21
Answer (d) is the correct answer

Author: Christine G. Broome

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