Calculating Your Paycheck

It's ok to use a calculator if ok with your parents.

Follow the instructions below. If you get stuck, you can send us a message and ask for help.

How many hours did you work?

Here's a short cut for adding up your minutes to make an hour

15 minutes = .25 

30 minutes = .50 

45 minutes = .75 

60 minutes = 1.00

Getting paid by the hour

Since you didn't work 1 full hour but 15 minutes (or .25 an hour), You will be paid 1 quarter of one hour.

Multiply hours (or minutes you  worked) by $12

This will be called your "Gross Pay"

GROSS PAY

Next, calculate your tax to pay. You will multiply your "Gross Pay" x's your tax bracket amount.

( we'll use 20% as you tax bracket )

TAX TO PAY

Lastly, subtract your tax to pay from your Gross pay amount. Your final paycheck amount is your "Net Pay"

NET PAY

DID YOU GET PAID ON FRIDAY 10/02 ?

Let's calculate how much you received.

Taxes are hard, even for most adults so we're going to take a break here.

 

We're proud of you for working so hard !

(Don't forget to enter your timesheet for the time you spent here under "Payday" on the Ambassador's page)

DID YOU TURN IN YOUR TIMESHEET ON OR BEFORE WEDNESDAY 09/30 ?

(check your messages)