Most adults dread April 15 — tax day! Tax preparation can be intimidating even for adults. Build confidence by leading individuals through the process and then give them a scenario to practice. The exercise uses tax vocabulary to give...

Twelfth graders practice filling out IRS 1040 EZ forms. They discuss various ways people pay taxes. They assess the importance of W-2 forms and apply skills using the IRS tax table to compute how much money is owed or returned.

Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social...

Take the opportunity to offer your young adults some important financial wisdom on the way taxes and inflation will affect their lives in the future. Through discussion and review of different real-world scenarios provided...

Students examine the concept of paying taxes with a chores theme.

Students evaluate the basic rationale, nature, and consequences fo taxes. They describe why governments need taxes as revenue to provide goods and servicesin this series of activities.

Fourth graders read Stone Fax and explore earning money, saving, credit and taxes. In this taxes lesson, 4th graders complete a worksheet to develop understanding of paying off debts, keeping a checkbook, calculating sales tax and...

Math can be taxing at times. With a short lesson, pupils determine how income tax affects take-home pay. Learners determine their net pay based on tax tables and how adjustments in their gross pay changes the paycheck.

Don't let your young adults get lost in the alphabet soup of their paychecks and federal income taxes. Using sample pay stubs and reproductions of government forms, your class members will identify the purpose of such forms as a W-4 and...

Learners explore money as it applies to salary, paychecks, and taxes. In this essential mathematics lesson, students explore how math is used in various careers, how income takes are calculated and other important life lessons in math.

Practice sales tax when using the activity with three solution choices. Learners can use a percent table, benchmark percent, or solve by calculating. Solutions don't show how to multiply by the decimal, but method can be added in....

Finding out how to calculate tax and tip is a valuable skill that all young adults should be able to do without a calculator. Learners are given a bill and asked to calculate the tax, tip, and total amount. Calculations can be exact or...

Students explore the concept of taxes. In this tax activity, students investigate types of taxes and deductions taken out of a paycheck before they see it. Students calculate the tax on a given dollar amount. Students discuss 401(k)s...

Fifth graders investigate the connection between taxes and government services.  In this economics instructional activity, 5th graders discuss the process and benefits of paying sales and income taxes.  Using calculators,...

Students explore the concept of normal distribution. In this normal distribution lesson plan, students find the normal distribution of taxes in the 50 US states. Students make histograms, frequency tables, and find the mean and median of...

Students explore the ways that taxes are levied based on taxable income. They analyze how a new series of tax cuts might affect people of different income levels and their tax rates.

Students explore personal finance.  In this middle school mathematics lesson, students investigate banking, income tax, and the cost of living.  The lesson includes two bonus lessons on graphing their personal spending habits...

Students consider the idea of earning and spending money. In this money management lesson plan, students discuss the concept of saving and spending money through the reading of a story and by completing several activities that involve...

Students identify and describe two criterion of tax fairness: benefits received and the ability to pay and distinguish between wealth and income as measures of ability to pay.

High schoolers explain that regressive taxes can have different effects on different income groups. They see how a regressive tax takes a larger share of income from low-income groups than from high-income groups.

Students explain that during the Great Depression and World War II, the Roosevelt administration implemented new, broader, and more progressive taxes in order to cover the costs of the New Deal programs and the war.

Students define and discuss sales tax, identify items for which they do or do not have to pay sales tax, research information online about sales tax in their state, and complete practice sheet that requires calculating sales tax percent...

Learners explore the concept of sales tax and discounts. In this sales tax and discounts lesson, students pretend to gamble in groups to win fake money. Learners must tax their winnings. Students collect receipts. Learners discuss the...

From evaluating the current employment market to building a resume, pupils are introduced to the wide and varied elements of career planning.