Home›Lesson Plans›Social Studies›Financial Literacy · Grade 6

Income & Taxes

Sixth graders learn what happens between earning money and taking it home — gross pay, deductions, taxes, and net pay. Taxes fund shared services like schools and roads, so a paycheck is smaller than the amount earned.

Grade 6Income & Taxes50 minutes1 class periodEconomics · C3Explicit teaching4 StandardsC3 / NSPFE
Start the Lesson
Assign or share this lesson

Copy link works with Canvas, Schoology, Moodle and any other LMS — paste it in as a resource or assignment.

Lesson at a Glance

Everything you need before the bell rings

Learning Objectives

Students will be able to…

  • ✓Explain taxes.
  • ✓Tell gross from net pay.
  • ✓Match terms to meanings.
  • ✓Read a paycheck.
Essential Question

Why is a paycheck smaller than the money you earned? Some goes to taxes. What do these paycheck words mean?

0
Lesson Phases
0
Vocabulary Terms
0
Standards Aligned
0
Interactive Task
Match It · Interactive

Match the Paycheck Term

Project this and match each paycheck term to its meaning — tap the term, then tap the meaning.

🧾 Match each term to its meaningTry it
Term
Meaning
Now tap the meaning!
The Lesson · Inquiry Flow (Hook · Explore · Practice · Apply · Reflect)

50 minutes, five moves

Tap any phase to open the teacher moves and student actions.

1

Hook — Where Did It Go?

5 min

A paycheck is smaller than what you earned — why? What do the words mean?

👩‍🏫 Teacher Moves

  • Show earned $100 vs $85 take-home.
  • Ask where the rest went.
  • Set the goal.

🎒 Student Actions

  • Look.
  • Wonder.
  • Get ready.
2

Explore — Income & Taxes

12 min

Students explore.

👩‍🏫 Teacher Moves

  • Send students to Match the Paycheck Term.
  • Match each one.
  • Note taxes fund services.

🎒 Student Actions

  • Match.
  • Say.
  • Note it.
3

Practice — Practice

13 min

Students practice.

👩‍🏫 Teacher Moves

  • Find gross pay.
  • Find net pay.
  • Explain a deduction.

🎒 Student Actions

  • Find it.
  • Find it.
  • Explain.
4

Apply — Apply

11 min

Students apply.

👩‍🏫 Teacher Moves

  • Read a sample paycheck.
  • Explain the deductions.
  • Share what you found.

🎒 Student Actions

  • Read.
  • Explain.
  • Share.
5

Reflect — Reflect

5 min

Students close.

👩‍🏫 Teacher Moves

  • Say what taxes pay for.
  • Tell gross from net.
  • Complete the exit ticket.

🎒 Student Actions

  • Say it.
  • Say it.
  • Complete the exit ticket.
Standards Alignment

Built to the standards you report on

Aligned to the C3 Framework (Economics) & the National Standards for Personal Financial Education.

C3
D2.Eco.3.6-8

Explain government & the economy.

NSPFE
Earning Income

Explain taxes & take-home pay.

C3
D2.Civ.1.6-8

Connect taxes to public services.

C3
D4.6.6-8

Draw conclusions about income.

Differentiation

One lesson, every learner

Multilingual Learners

ELL / EMERGING READERS
  • Paycheck term cards.
  • Sentence frame: “___ means ___.”
  • Use a sample paystub.

Support & Access

IEP / 504
  • Start with gross and net.
  • Match one pair at a time.
  • Use a paystub.

Stretch & Extend

GIFTED / EARLY FINISHERS
  • Calculate net from gross.
  • List services taxes fund.
  • Compare tax rates.
Materials

What to gather

  • 📽️Screen / board
  • 🧾A sample paycheck
  • 💻Match the Paycheck Term
  • 🏫A services list
  • ✏️Notebooks
  • 🎫Exit-ticket slips
Vocabulary

Key terms — hover for a quick definition

incomemoney earnedtaxesmoney for public servicesgross paybefore taxesnet paytake-home (after taxes)deductionamount taken outpaycheckpayment for workgovernmentruns public servicesservicesschools, roads, & more
Evaluate

Exit Ticket

Preview the three formative checks. Tap “Sample answer” to see what mastery looks like — hide them before you print for students.

QUESTION 1
What are taxes?
Money paid to the government for services like schools and roads.
QUESTION 2
What is gross pay?
The total money you earn before anything is taken out.
QUESTION 3
What is net pay?
The money you actually take home after taxes.

Reflect: income & taxes.

Have students explain why a paycheck (net pay) is smaller than the money earned (gross pay). A printable income-and-taxes sheet is in the Social Studies library.

Study · Flashcards

Study the key terms

Tap a card to flip it, then rate whether you knew it. Built from this lesson’s vocabulary.

🃏 Income & TaxesFlip
Card 1
Term
Tap to flip →
Meaning
0

Nice work!

Practice · Quiz

Check your understanding

A quick self-check with instant feedback, drawn from this lesson’s key terms.

📝 Income & TaxesQuiz
Score: 0
1 / 6
Question 1
0%

Nice work!

Practice · Worksheet

Printable worksheet

A print-and-go review sheet with a built-in answer key. Tap “Show answer key” to reveal answers, or print the clean version for students.

🖨️ Income & TaxesPrint
Name: ________________________
Date: ____________

Part A · Write the word that matches each meaning

Word bank: deduction, government, gross pay, income, net pay, paycheck, services, taxes
  1. before taxes
  2. runs public services
  3. amount taken out
  4. money for public services
  5. schools, roads, & more
  6. take-home (after taxes)
  7. payment for work
  8. money earned

Part B · Show what you learned

  1. What are taxes?
  2. What is gross pay?
  3. What is net pay?
Answer key — Part A: 1) gross pay · 2) government · 3) deduction · 4) taxes · 5) services · 6) net pay · 7) paycheck · 8) income
Part B: 1) Money paid to the government for services like schools and roads. 2) The total money you earn before anything is taken out. 3) The money you actually take home after taxes.