answersLogoWhite

0

Gross income

-apex Financial Literacy

User Avatar

Wiki User

10y ago

What else can I help you with?

Continue Learning about Accounting

What would you expect to be the biggest amount on your pay stub?

The biggest amount on my pay stub would typically be the gross pay, which represents my total earnings before any deductions such as taxes, health insurance, and retirement contributions. This amount reflects my hourly wage or salary multiplied by the hours worked or pay period. Following gross pay, net pay, which is the take-home amount after deductions, is also significant but usually lower than gross pay.


What is expected to be the biggest amount on your pay stub?

Net income----- apex


What is represented by the number in the balance forward box on the check stub?

The amount in the account before the check is written.


Is FICA the lowest amount on your pay stub?

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.


What does SS on check stub?

The "SS" on a check stub typically stands for "Social Security," referring to the amount withheld from an employee's paycheck for Social Security taxes. This deduction contributes to the federal Social Security program, which provides benefits for retirees, disabled individuals, and survivors of deceased workers. The check stub will usually show the total earnings, the amount withheld for Social Security, and other deductions.

Related Questions

What would you expect to be the biggest amount on your pay stub?

The biggest amount on my pay stub would typically be the gross pay, which represents my total earnings before any deductions such as taxes, health insurance, and retirement contributions. This amount reflects my hourly wage or salary multiplied by the hours worked or pay period. Following gross pay, net pay, which is the take-home amount after deductions, is also significant but usually lower than gross pay.


Which would you expect to be the lowest amount on your pay stub FICA or Medicare deduction?

Medicare Deduction -apex


What is expected to be the biggest amount on your pay stub?

Net income----- apex


Is an earnings statement the same as a pay stub?

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.


What is a 1999 nhl Stanley cup finals ticket stub worth?

NO one would but a ticket stub. Sorry.


How 45 deg lateral is welded on run pipe Is it stub-in or stub-on?

STUB-IN STUB-IN STUB-IN


What is the take up amount for a stub up bend using 1 inch imc?

11''


Is an earning statement the same as a pay stub?

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.


What is represented by the number in the balance forward box on the check stub?

The amount in the account before the check is written.


Is FICA the lowest amount on your pay stub?

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.


What does SS on check stub?

The "SS" on a check stub typically stands for "Social Security," referring to the amount withheld from an employee's paycheck for Social Security taxes. This deduction contributes to the federal Social Security program, which provides benefits for retirees, disabled individuals, and survivors of deceased workers. The check stub will usually show the total earnings, the amount withheld for Social Security, and other deductions.


Would like to view my sobeys pay stub?

yes