This project is a Life Skills project, primarily directed towards 15-17 year
old students, but could easily accommodate younger students.
This project is a 4 week job simulation. Students fill out a time card for
each week. They calculate straight time, overtime, and double time.
They determine and subtract the deductions (federal income tax, FICA
and Medicare). Weeks get progressively more difficult as far as
calculating the elapsed time. Week 4 includes 2 options- standard time
and 24 hour time.
This project also includes a W-4, W-2, and 1040EZ simulation. You can
take it as far as you feel your students need to go.
*Skills Review worksheet (convert decimals, fractions, percent;
convert time to decimal; multiply decimals; calculate elapsed
*Blank time cards
*Federal weekly withholding table.
*4 weekly simulations detailing times worked
*Simulated W-2 with questions
*Federal 1040EZ Tax Table
*1040EZ Tax form
*Glossary of 13 terms
*Teacher keys to all student activities