{"id":13151,"date":"2016-11-21T08:00:29","date_gmt":"2016-11-21T13:00:29","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=13151"},"modified":"2016-11-21T08:16:46","modified_gmt":"2016-11-21T13:16:46","slug":"personal-finance-11212016","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/11\/21\/personal-finance-11212016\/","title":{"rendered":"Personal Finance – 11\/21\/2016"},"content":{"rendered":"

I.\u00a0 Bellwork<\/strong><\/p>\n

A.\u00a0 Show your Work<\/strong><\/p>\n

    \n
  1. Nour’s previous year-to-date gross wages are $113,000, her current wages are $1,200.\u00a0 Determine her current year-to-date gross wages.<\/li>\n
  2. How much of Nour’s current wages would be taxable for Social Security?<\/li>\n
  3. What would be the Social Security Tax amount based upon the wages?<\/li>\n<\/ol>\n

    II.\u00a0 Objectives:<\/strong><\/p>\n

    Content Obj.<\/p>\n

      \n
    • given gross wages and exemptions, determine FICA, Federal \u00a0and State tax withheld from wages for weekly, bi-weekly, semi-monthly, and \u00a0monthly pay periods.<\/li>\n<\/ul>\n
        \n
      • analyze transactions and make sound financial decisions given various scenarios<\/li>\n<\/ul>\n

        Lang Obj.<\/p>\n

          \n
        • interpret financial information and record them in the simulation<\/li>\n
        • explain how to determine withholding taxes from wages<\/li>\n<\/ul>\n

          III.\u00a0 Withholding Test tomorrow<\/strong><\/p>\n

          IV.\u00a0 Classwork:<\/strong><\/p>\n

            \n
          • H & R Block Budget Challenge<\/strong> (15 minutes) – Record checks and fees on Spreadsheet<\/li>\n
          • Withholding Review on iLearn (30 minutes)<\/li>\n<\/ul>\n

             <\/p>\n

             <\/p>\n","protected":false},"excerpt":{"rendered":"

            I.\u00a0 Bellwork A.\u00a0 Show your Work Nour’s previous year-to-date gross wages are $113,000, her current wages are $1,200.\u00a0 Determine her current year-to-date gross wages. How much of Nour’s current wages would be taxable for Social Security? What would be the Social Security Tax amount based upon the wages? II.\u00a0 Objectives: Content Obj. given gross wages […]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80],"tags":[],"class_list":["post-13151","post","type-post","status-publish","format-standard","hentry","category-personal-finance-f2016"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/13151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=13151"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/13151\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=13151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=13151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=13151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}