Payroll Taxes Digital Activity (Social Security, Medicare, FICA, Federal Taxes)

Description

This PAYROLL TAXES digital activity is FULL of content and information for students to learn and discover with little or no instruction. A GREAT lesson for Accounting Class, Personal Finance class, or Business Law class (when covering tax laws).

This self-guided discovery activity covers the following Payroll Concepts and Topics:

• Who pays taxes?
• What is done with the tax revenue that taxpayers pay?
• What is gross pay?
• What is net pay?
• What are tax brackets?
• What is a progressive tax system?
• What percentage of our gross pay is each mandatory payroll tax?
• What is FICA and why is it in place?
• Who benefits from FICA?

⭐TEACHER KEY IS INCLUDED⭐

After learning about the concepts above, students are prompted to complete a payroll register to calculate the Payroll taxes. A student reflection completes this very COMPREHENSIVE activity.

This digital activity flawlessly sends to all learning management systems as it is a Google Doc! Just send to your students, they fill it out and turn it in!

✅NO PREP! Great for Remote Learning or a Sub Day!

⚠️This activity is completely editable and is presented with the Pennsylvania state tax percentage and can easily be changed to your state tax percentage. This activity can also easily be separated into three or four different lessons.