Academic/Career & Technical Related/Demonstration Lesson Plan
Instructor
Sara Haldi
Program/Class
BSN Math
Date
Blizzard Bag #1
Period 1,
State Indicator/Competency: Calculate expected values and use them to solve problems.
Instructional Objective(s):
2.1 Deductions from Gross Pay
1. Students will be able to find federal withholding tax deductions with 80% accuracy.
2. Students will be able to calculate Social Security and Medicare tax deductions with 80% accuracy.
3. Students will be able to calculate total deductions and net pay with 80% accuracy.
2.2 Federal Income Taxes
4. Students will be able to calculate adjusted gross income and taxable income with 80% accuracy.
5. Students will be able to calculate the income tax due with 80% accuracy.
6. Students will be able to calculate the income tax refund for single dependents with 80%
accuracy.
2.3 State and City Flat Income Taxes
7. Students will be able to calculate state and city income taxes using a flat tax rate with 80%
accuracy.
8. Students will be able to calculate state and city income taxes using a graduated tax rate table
with 80% accuracy.
2.4 Benefits and Job Expenses
9. Students will be able to calculate total job benefits with 80% accuracy.
10. Students will be able to calculate total net job benefits with 80% accuracy.
11. Students will be able to compare the net job benefits of jobs with 80% accuracy.
2.5 Analyze Take – Home Pay
12. Students will be able to calculate take-home pay as a percentage of gross pay with 80% accuracy.
13. Students will be able to calculate the impact of a raise on take home pay with 80% accuracy.
14. Students will be able to calculate potential tax savings of a cafeteria plan with 80% accuracy.
Materials: textbook, calculator, binder, writing utensil
Method of Instruction: Independent Student Led
Activities:
1. Find the total FICA tax on incomes of $35,000.
.0765 x 35000 = $2,677.50
2. Find each person’s taxable income
a. Clara is single and has a gross income of $32,600. She pays $2,600 into an approved
retirement plan. Clara has deductions of $6,900. She has one exemption for herself
b. Clark and his spouse have a gross income of $33,000. They file jointly. They make
payments into an approved retirement plan of $3,000. Their itemized deductions were
only $4,300. So they will take the standard deduction of $10,900. They claim two
deductions.
3. Your taxable income last year was $25,800. Using the graduated income tax table, what you’re
your state income tax?
Find the tax on taxable income up to 24000: $720
Find the taxable income over 24000: 25800-24000 = $1,800
Find the tax on 1800 at a rate of 5%: 1800 x .05 = $90
Find the total state income tax: 720 + 90 = $810.00
Assessment: Blizzard Bag #1 WS (10pts)
BSN Math: Haldi
Blizzard Bag 1: DUE in 2 WEEKS
Name_________________________