answersLogoWhite

0


Best Answer

The list can be very lenghty and include anything the employee wants. Common ones, some of which are required are: Federal and State income taxes, unemployment & disability insurance, other insurance, Social Security, retirement, other savings, medical ins contributions, union dues, charitable contribution programs, etc.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Anonymous

Lvl 1
3y ago

Tax

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are common deductions from a paycheck?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the cap on New Jersey unemployment deductions from paycheck?

Unemployment is not one of the deductions from a worker's paycheck. The employer, only, pays for unemployment insurance.


What is a document included each pay period which outlines paycheck deductions?

Paycheck stub


What are the wages before any deductions are withheld from a paycheck?

Gross pay


What is the amount of a paycheck after taxes and other payroll deductions?

take home pay


What is grosse pay?

The amount of money earned before deductions are taken out of a paycheck


Is it usual for minors who work a summer job to not have federal deductions taken out of their paycheck by the employer?

NO


Why is it called a gross paycheck?

It is your paycheck before any deductions, taxes or benefits are taken out. Simply how many hours you work multiplied by your hourly rate.


What deductions from a paycheck are reasonable for a worker to expect?

One should expect for there to be deductions for federal, state, local and social security tax. You may also see deductions for health insurance and your 401k investments.


What are after tax deductions?

Those are amounts taken out of your paycheck that do not reduce the amount of tax you have to pay on your salary.


When you earn a paycheck is it important to know how to compute the deductions to form your gross pay?

Your GROSS pay is before any deductions. Compute deductions, subtract them from your gross pay, and get your NET pay- that is how much you get to take home.


In one to two sentences, list some deductions you may see on your paycheck stub?

A couple of deductions you could find on your paycheck stub would include Federal Income Tax, State Taxes, Social Security, Medicare, Insurance, Retirement Saving Funds, and Account Spendings.


What is a paystub?

In simple terms, Paystub is an on paper record of your paycheck provided along with each paycheck. Paystub or paycheck stub contains various details related to the paycheck. It mentions the amount which the employee earned and also states the deductions in forms of taxes, insurance, costs and others.