---
title: "SSPFL1: Sources and Variables of Income (Georgia Social Studies standard)"
code: SSPFL1
cite_as: Georgia Standards of Excellence, Social Studies, SSPFL1
subject: social_studies
grades:
  - high-school
language: en
canonical_url: https://georgiahomeroom.org/standards/code/SSPFL1
md_url: https://georgiahomeroom.org/standards/code/SSPFL1.md
alternate_language_url: https://georgiahomeroom.org/es/standards/code/SSPFL1.md
source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/a446e74c-463e-11e7-94f5-b49cee8b2d8c
source_last_changed: 2025-02-04
data_built: 2026-09-18
publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district.
up: https://georgiahomeroom.org/standards/social_studies/high-school.md
index: https://georgiahomeroom.org/standards/index.md
---

# SSPFL1: Sources and Variables of Income

Evaluate various sources of income and analyze variables that affect a person’s income.

- Subject: Social Studies
- Appears in: High School, https://georgiahomeroom.org/standards/social_studies/high-school.md

## Expectations

- **SSPFL1.a**: Analyze income as a scarce resource that must be allocated.
- **SSPFL1.b**: Compare different types of income including hourly wages, salary, tips, independent contractor services (Form 1099), dividends, and capital gains.
- **SSPFL1.c**: Analyze how career choice, education, skills, and economic conditions are related to income and levels of unemployment
- **SSPFL1.d**: Describe how income taxes affect disposable income.
- **SSPFL1.e**: Review and complete a sample federal individual income tax form 1040EZ or 1040A.
- **SSPFL1.f**: Describe the basic components of a pay-stub including gross pay, net pay, and common deductions (i.e. federal and state income tax, Federal Insurance Contributions Act (FICA – which includes Social Security and Medicare), and elective deductions like insurance and tax-deferred savings).

## Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.

Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.