Lesson Plan
2
2
Federal Reserve Bank

Income Taxes

For Students 9th - 12th Standards
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...
Lesson Plan
Council for Economic Education

Preparing a 1040EZ Income Tax Form

For Teachers 9th - 12th Standards
Some of us never feel like we know how to do our taxes! Help scholars understand the process early by using an informative resource. They fill out their own tax forms in a simulation activity and view multiple resources to learn even...
Lesson Plan
Curated OER

Understanding the Bush Tax Cut Plan

For Teachers 9th - 12th
The class examines the new tax cut plan proposed by President Bush. They practice calculating income tax rates and interpreting the data. Then they research topics that are of interest to them related to taxes.
Lesson Plan
Council for Economic Education

Tax Time Scavenger Hunt

For Teachers 9th - 12th Standards
Is a 1040EZ tax form really easy? Scholars investigate the complexities of the United States taxation system with an economics lesson. Using a wide variety of web sources, they interpret IRS taxation rules and regulations to better...
Lesson Plan
Radford University

Percentages: Lesson 1

For Students 9th - 12th Standards
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.
Lesson Plan
Visa

Financial Forces: Understanding Taxes and Inflation

For Teachers 9th - 12th Standards
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...
Lesson Plan
EngageNY

Federal Income Tax

For Students 9th - 10th Standards
Introduce your class to the federal tax system through an algebraic lens. This resource asks pupils to examine the variable structure of the tax system based on income. Young accountants use equations, expressions, and inequalities to...
Lesson Plan
2
2
Federal Reserve Bank

“W” Is for Wages, W-4 and W-2

For Teachers 9th - 12th Standards
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...
Lesson Plan
PwC Financial Literacy

Planning and Money Management: Spending and Saving

For Teachers 6th - 8th
Financial literacy is such an important, and often-overlooked, skill to teach our young people. Here is a terrific lesson which has pupils explore how to come up with a personal budget. They consider income, saving, taxes, and their...
Lesson Plan
1
1
Practical Money Skills

Making Money

For Teachers 6th - 12th
The first step in managing your money is making money! Learn about ways to find and interview for a job with a thorough activity on personal finances. Kids learn about the ways to earn a paycheck and then manage the funds they receive.
Unit Plan
University of Missouri

Money Math

For Teachers 5th - 8th Standards
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling...
Lesson Plan
Curated OER

Dream Home Mathematics

For Teachers 6th
Explore the concept of budgeting with sixth graders. They will pick a career on note card made by the teacher. They then use the information on the card such as salary, expenses, and career to create a life for themselves. They also...
Lesson Plan
Curated OER

Income and Expenses

For Teachers 3rd - 7th
Students discuss income and expenses. In this lesson on money, students define income and expenses, after whith they keep track of their income and expense transactions on a basic ledger.
Unit Plan
Federal Reserve Bank

It's Your Paycheck

For Teachers 6th - 12th Standards
Beyond reading and arithmetic, one of the most important skills for graduating seniors to have is fiscal literacy and responsibility. Start them on the right financial track with nine lessons that focus on a variety of important...
Lesson Plan
Curated OER

Government Goods and Services

For Teachers 5th
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,...
Lesson Plan
Curated OER

Math Skills for Everyday: Filling Out Income Tax Forms

For Teachers Higher Ed
Students accurately assess their own income taxes using actual tax forms. They read and fill out the proper forms.
Lesson Plan
Curated OER

Federal Income Tax 1040EZ Worksheet Lesson

For Teachers 6th - 9th
Young scholars practice filling out the Federal Income Tax 1040EZ tax form.
Activity
Conneticut Department of Education

Personal Finance Project Resource Book

For Teachers 6th - 12th
Balancing a budget, paying taxes, and buying a home may feel out of reach for your high schoolers, but in their adult years they will thank you for the early tips. A set of five lessons integrates applicable money math...
Unit Plan
Radford University

Percentages: Lessons 2 and 3

For Students 9th - 12th Standards
What does salary have to do with it? Working in small groups, scholars use percentages to find simple interest and the value of a car they can afford on a given salary. Learners continue on to work with salaries and calculate amounts...
Lesson Plan
Visa

Nothing But Net: Understanding Your Take Home Pay

For Teachers 9th - 12th Standards
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...
Lesson Plan
Internal Revenue Service

Fairness in Taxes: How Taxes Affect Us

For Teachers 9th - 12th
Students are able to compare the effects of the following, using income as a measure of ability to pay: a progressive tax, a regressive tas, and a proportional tax. They explain how a mixture of regressive and progressive taxes could...
Lesson Plan
Curated OER

Money Math: Lessons for Life

For Teachers 10th - 11th
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.
Lesson Plan
Curated OER

Taxes: Where Does Your Money Go?

For Teachers 9th - 12th
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...
Activity
Sierra College

"Deals on Wheels!" Car Loan Project

For Teachers 9th - 12th Standards
Help your class members learn how to use their income wisely with a comprehensive lesson plan on calculating monthly car payments. Using basic math skills and online calculators, your learners will determine the total amount to be...