State and federal income taxes, FICA (Social Security), UI (Unemployment Insurance) and anything else your state requires.
Garnishments and deductions should be listed on your pay stub.
Paycheck stub
On a typical pay stub, items that are not deducted include gross wages, which represent the total earnings before any deductions, as well as certain allowances or reimbursements that may be provided by the employer. Additionally, voluntary deductions like retirement contributions or health insurance premiums may not appear if the employee has opted out. It's important to carefully review the pay stub to understand which deductions are applied and which are not.
FICA, which stands for the Federal Insurance Contributions Act, includes Social Security and Medicare taxes deducted from your paycheck. While it is a significant deduction, it may not necessarily be the lowest amount on your pay stub. Other deductions, such as state taxes, local taxes, or health insurance premiums, could be lower than your FICA contributions, depending on your specific pay stub and benefits. Always review your pay stub carefully to understand all deductions.
A paycheck stub, also known as a pay stub or pay slip, provides a detailed breakdown of an employee's earnings for a specific pay period. It typically includes information such as gross pay, deductions (like taxes, health insurance, and retirement contributions), and net pay, which is the amount the employee takes home. Additionally, it may show year-to-date earnings and deductions, helping employees track their income and tax obligations.
A pay statement is a detailed record of an employee's earnings and deductions for a specific pay period, usually provided electronically. A pay stub is a physical document attached to a paycheck that shows the breakdown of earnings, deductions, and net pay for that pay period.
No, an earnings statement is not the same as a pay stub. An earnings statement provides a detailed breakdown of an individual's earnings and deductions over a specific period, while a pay stub is a document that shows the amount of money earned for a specific pay period and any deductions taken from that amount.
Garnishments and deductions should be listed on your pay stub.
Yes, a pay statement and a pay stub are typically the same thing. They both provide details about an employee's earnings and deductions for a specific pay period.
Yes, a pay stub and a pay statement are typically the same thing. They both provide detailed information about an employee's earnings and deductions for a specific pay period.
Yes, the pay statement and the pay stub are typically the same thing. They both provide detailed information about an employee's earnings and deductions for a specific pay period.
Paycheck stub
A bank statement shows all transactions in and out of your bank account, while a pay stub details your earnings and deductions from a specific pay period.
On a typical pay stub, items that are not deducted include gross wages, which represent the total earnings before any deductions, as well as certain allowances or reimbursements that may be provided by the employer. Additionally, voluntary deductions like retirement contributions or health insurance premiums may not appear if the employee has opted out. It's important to carefully review the pay stub to understand which deductions are applied and which are not.
No, an earning statement and a pay stub are not the same. An earning statement provides a detailed breakdown of an employee's earnings and deductions, while a pay stub is a document that shows the amount of money an employee earned for a specific pay period.
A salary pay stub typically includes information such as the employee's gross pay, deductions for taxes and benefits, net pay (take-home pay), and details about the pay period and employer contributions.
A pay stub usually includes information like the employee's ID number, gross pay, deductions for taxes and benefits, net pay, and the pay period dates.