Money Instructor Home Basic Money Skills Lessons Earning and Spending Money Lessons Saving and Investing Money Lessons Interactive Money Lessons Suggestions and Requests
 
 

TEACHING AND LEARNING TAXES - LESSON PLAN ON TAXES - ELEMENTARY WORKSHEET - INCOME TAX LESSONS FOR KIDS

 

PAYING TAXES FOR CHORES LESSON

click to go to worksheet

 

Introductory lesson on taxes with a chores theme.  A basic worksheet to help teach young students the concept of paying taxes while practicing basic math.

 

LESSON LEARNED

 

 

Concept of Taxes

 

OTHER SKILLS REINFORCED

Basic Math

Subtraction

 

 

SUGGESTED

GRADE LEVELS

 

2+

 

Primary, Elementary

Education

 

 

 

Suggested Money Lesson Plan for this Worksheet

 

Give an introductory lesson about earning money.  Ask the students the different ways that they earn money (doing chores, allowance, gifts, etc).

 

Explain that when they earn money, they usually get to keep all the money they get.  However, adults have to pay some of the money to the government.  This is known as taxes.

 

What if the student's had to pay takes on the chores they did.  How much would they have to pay?

 

WORKSHEET Instructions

 

Subtract the tax from the amount paid for doing the chore.

 

Choose either a basic worksheet, or a custom worksheet.  For a custom worksheet, make your choices then press 'get worksheet'.

 

 

 

WORKSHEET

LEVEL 1 (Easiest)

Note - Requires FULL Membership

 

LEVEL 2

Use numbers after the decimal and/or increase

the number of chores to make this worksheet more difficult.

 

 

Number of questions    

 

Digits after the decimal

 

Maximum number of times

for each chore              

 

 

 

Note - Requires FULL Membership

 

 

 

 

GO BACK TO WORKSHEET INFO

 

 

 


SUGGESTIONS/COMMENTS
Recommend an enhancement for
this worksheet or a new worksheet.

 

 

You may come back to these worksheet links more than once if your

students are having trouble mastering this concept, since

these are RANDOM worksheets. Every time you choose the

link (or press "refresh" on your browser) a NEW worksheet will be generated.

 

First Grade - Second Grade - Third Grade - Fourth Grade - Social Studies

Income Tax Lesson for Kids

 

Paying Taxes for Chores

 

 

 

 

More Paying Taxes Worksheets and Lesson Plans

 

 

 

Go to the Money Instructor home page

Copyright 2004 Money Instructor