Income Taxes

EQ - How do I prepare a tax return?

1. Activator: Costs of doing taxes
2. Vocabulary Preview - The Language of Taxes
3. Start Here
4. Simulation 1 - W-4
5.  Simulation 2 - W-2
6. 1040EZ Form 
7. Tax Table
8. 1099-Int Form
9. Table Quiz - Key Terminology
10. Simulation 3 - 1040EZ
11. Completing a 1040EZ

Minimum Wage Laws

EQ - How do current minimum wage laws affect your pay?

1. Activator - Muddy Points Review
2. Discussion - What do you know about minimum wage?
3. Federal Minimum Wage Laws
1. Review guidelines - Actively read the article
2. Prepare for a class discussion
4. Can You Survive?
5. Writing Assignment
1. Before you begin
1. Explain your opinion of a job that will pay your $9/hr.
2. Would you be able to provide for yourself at this hourly rate?
2. What was this experience like for you?
3. Has your perception changed?  Why or why not?

Salary vs. Hourly

We will begin today's class by taking a look at your work from Friday.

1. Activator: An aggregate view of federal income tax dollars
2. Assignment
1. Answer the EQ
2. Describe your opinion on how our federal income are dispersed.
1. Do you think the allocation is appropriate? Why or why not?
2. If you could change anything regarding how tax dollars are spent, what would you change?  Explain.
3.  Class discussion

EQ - What considerations factor into the calculation of a paycheck?

1. Activator - How much did Sally make of her first paycheck?  Second?
2. The Impact of Overtime
3. Hourly vs. Salary
4. Defining Pay Periods
5. Assessing the impact
6. TOD - Muddy Points