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...

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...

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...

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...

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...

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...

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.

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 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...

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...

What exactly is the fiscal cliff? What are the effects of changing income tax rates and payroll tax rates? Your learners will begin by reading news articles and examining graphs illustrating the "Bush tax cuts" of 2001 and 2003. They...

Students study taxes and the role that they place in our lives. In this economic lesson, students explore the reality of taxes, how they work, why we pay them, where the money goes and how to make the most of the money you pay into taxes...

Students explain that taxation involves a compromise of conflicting goals and that lobbyists can influence lawmakers' decisions about taxes. They can explain why people of similar incomes often pay different tax rates and work in teams...

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...

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...

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.

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.

Learners create a personal budget.  For this creating a personal budget lesson, students create a list of 3 necessary things they need to survive.  Learners rank these things in order of importance and determine their...

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

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.

Accuracy is key! Using the detailed resource, scholars practice their presicion skills, taking online spelling and typing tests. Next, they demonstrate accuracy by calculating the gross and net pay of five hypothetical employees.

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...

Young scholars 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...

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.