To pay for benefits you receive and must contribute to, and to assure that things tha you will be responsible for (like taxes), you have the ability and diciplined savings to pay.
The percentage of taxes taken out of a paycheck depends on the number of exemptions you are allowed to claim. The average amount taken out is 15% or more for deductions including social security and income tax.
Paycheck stub
Gross pay
$640
take home pay
The amount of money earned before deductions are taken out of a paycheck
NO
Those are amounts taken out of your paycheck that do not reduce the amount of tax you have to pay on your salary.
It is your paycheck before any deductions, taxes or benefits are taken out. Simply how many hours you work multiplied by your hourly rate.
The percentage of taxes taken out of a paycheck depends on the number of exemptions you are allowed to claim. The average amount taken out is 15% or more for deductions including social security and income tax.
Unemployment is not one of the deductions from a worker's paycheck. The employer, only, pays for unemployment insurance.
the total amount of money earned after all withholdings
Paycheck stub
depends on your deductions...such a how many dependents and also whether or not you have insurance, dental premuims taken out
Gross pay
$640
take home pay