Title: FAFSA can be taxing!
Complete tax forms and use these to complete a FAFSA worksheet. This project contains a financial aid component.
Standard(s): [MA2015] ALC (9-12) 7: Use analytical, numerical, and graphical methods to make financial and economic decisions, including those involving banking and investments, insurance, personal budgets, credit purchases, recreation, and deceptive and fraudulent pricing and advertising. (Alabama)
Title: Preparing for Tax Day
This unit is to expose students to different types of earnings, determine gross earning, calculate payroll deductions, and net pay. This project will have students journalize payment of payroll, employer payroll taxes, and payment of payroll tax. Also, students will research tax tables and complete federal and state tax forms. This is a Commerce and Information Technology lesson plan.
Standard(s): [BMA] BA05 (9-12) 11: Apply payroll functions to employee and employer records.