SUTARATES ANDWAGEBASE VARYBETWEENSTATES.FRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.SEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR 401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.CAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.QUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hoursBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR $2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGEWAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESFLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.HUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURPAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATIONBALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEPUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONS1.45%MEDICARETAX ONWAGESEARNED.FUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEARACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYINCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIODEINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR IRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDHEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.FORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUESUTARATES ANDWAGEBASE VARYBETWEENSTATES.FRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.SEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR 401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.CAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.QUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hoursBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR $2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGEWAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESFLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.HUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURPAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATIONBALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEPUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONS1.45%MEDICARETAX ONWAGESEARNED.FUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEARACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYINCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIODEINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR IRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDHEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.FORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUE

PAYROLL BINGO - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. RATES AND WAGE BASE VARY BETWEEN STATES.
    SUTA
  2. COMPENSATION THAT EMPL0YERS USE TO REWARD AN EMPLOYEE FOR COMPANY SERVICE.
    FRINGE BENEFITS
  3. 24 PAY DISBURSEMENT FOR A YEAR
    SEMIMONTHLY
  4. EXCLUDED FROM FEDERAL TAX BUT ARE SUBJECT TO SOCIAL SECURITY AND MEDICARE TAXES.
    401K
  5. “SECTION 125” PLANS USUALLY PRE-TAX TO MAKE EMPLOYER-SPONSORED BENEFITS MORE AFFORDABLE FOR EMPLOYEES.
    CAFETERIA PLANS
  6. 8hr 6 min = 8 hours 8hr 9 mins = 8.25 hours
    QUARTER-HOUR SYSTEM
  7. TWO-WEEK PERIOD RECEIVES 26 PAY DISBURSEMENT FOR A YEAR
    BI-WEEKLY
  8. AMOUNT TO CLAIM FOR EACH DEPENDENT UNDER 17 YEARS OF AGE
    $2000.00
  9. TWO WAYS TO CALCULATE FEDERAL INCOME TAXES
    WAGE BRACKET AND PRECENTAGE METHOD
  10. FSA ANY UNUSED FUNDS AT END OF THE PLAN YEAR MAY NOT BE ACCESSED AFTERWARD.
    FLEXIBLE SPENDING ARRANGEMENT (FSA)
  11. NUMBER OF MINUTES IN PARTIAL HOUR DIVIDED BY 60 MINUTES PER HOUR
    HUNDREDTH HOUR SYSTEM
  12. INTERNAL TOOL USED TO ENSURE ACCURACY OF EMPLOYEE COMPENSATION
    PAYROLL REGISTER
  13. REPORT CONTAINS ASSESTS AND LIABILITIES OF A BUSINESS ON A SINGLE DATE
    BALANCE SHEET
  14. IRS PUBLICATION FOR INCOME TAX CALCULATIONS
    PUBLICATION 15 T
  15. MEDICARE TAX ON WAGES EARNED.
    1.45%
  16. 6.0% OF 1ST $7,000 OF AN EMPLOYEES WAGES DURING CALENDAR YEAR
    FUTA
  17. ASSESTS=LIABILITIES + OWNERS EQUITY
    ACCOUNTING EQUATION
  18. REPORTS ALL REVENUE AND EXPENSES FOR A SPECIFIC TIME PERIOD
    INCOME STATEMENT
  19. EMPLOYER IDENTIFICATION NUMBERS: THE WAY THE FEDERAL GOVERNMENT KEEPS TRACK OF EMPLOYER
    EIN
  20. AMOUNT PER HOUR EMPLOYEES RECEIVE FOR THEIR LABOR
    PAY RATE
  21. IMMIGRATION REFORM AND CONTROL ACT OF 1986: REQUIRES EMPLOYERS TO VERIFY THE EMPLOYEE’S LEGAL RIGHT TO WORK IN UNITED STATES.
    IRCA
  22. SOCIAL SECURITY TAX ON FIRST $160,200 OF WAGES EARNED
    6.2%
  23. HSA PLANS UNUSED FUNDS ROLL OVER EACH YEAR AND CONTINUE TO GROW WITH ACCOUNT.
    HEALTH SAVINGS ACCOUNT (HSA)
  24. EMPLOYERS USE THIS FORM TO REPORT QUARTERLY TAXES DEPOSITED AND TAXES DUE
    FORM 941