Math Units Page

Math Units Page 2017-01-14T17:06:35-05:00

Lesson Preview

Lesson Title Payroll Taxes
Unit Title Financial Literacy-Tax Time
NRS Level Level 6
Length of Lesson 90 minutes
Lesson Purpose

To help students identify the types of taxes that are deducted from their wages and why.  


Related Documents
FinancialLiteracyTaxesPoster.pdf PaycheckPayrollSimulationFinancialLiteracy.pdf Payroll-Tax.xlsx Talkin-Tax-pg2.docx Talkin-Taxes-pg1.docx Talkin-Taxes-Snip-It.pdf Tax-Time.ppt W-4-Form.pdf
Lesson Objectives

At the end of this lesson, students will be able to identify and calculate taxes being deduced from their weekly/bi-weekly paychecks.

Student Target

“I can describe the types of taxes that are deducted from a paycheck.”

“I can calculate different taxes to be taken out of a paycheck.”

CCR Focus Standards
Number and Ratios - Level D
  • Solve real-world and mathematical problems involving the four operations with rational numbers.

  • Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error. (Also see 7.G.1 and G.MG.2)

Supporting Standards
  • Understand that positive and negative numbers are used together to describe quantities having opposite directions or values (e.g., temperature above/below zero, elevation above/below sea level, credits/debits, positive/negative electric charge); use positive and negative numbers to represent quantities in real-world contexts, explaining the meaning of 0 in each situation.

Standards for Mathematical Practice
  • Make sense of problems and persevere in solving them. (MP.1)

  • Attend to precision. (MP.6)

KYAE Employability Standards
  • E.2 Utilize workplace tools and technologies to communicate effectively (e.g., memos/e-mails, basic computer programs, phone systems).

  • E.5 Utilize resources responsibly.

  • E.7 Accurately analyze information and respond appropriately.