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.
Adding Up Minutes to Hour
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
Let's say you didn't work 1 full hour but 15 minutes. You will be paid one quarter of one hour, which is the same as .25 percent
(like 4 quarters make $1.00)
Please use $12 as your hourly pay and 15 minutes of work
for the exercise below
Multiply $12 by .25
This will be called your "Gross Pay"
(also known as your pay BEFORE taxes)
Next, calculate your tax to pay. You will multiply your "Gross Pay" x's your tax bracket amount.
( Let's use 20% as you tax bracket )
TAX TO PAY
Lastly, subtract your tax from your Gross pay amount. Your final paycheck amount is your "Net Pay"
(also known as your pay AFTER taxes)