Reading Your Pay Stub

The amount withheld (subtracted) from your paycheck

• Toll

• Deductions

• Benefits

• Pay Period

This document is attached to each pay check and tells important information about your earnings

• Pay Stub

• Payout

• Employee ID

• YTD

The total earnings paid to an employee after payroll taxes and other deductions.

• Total Earnings

• Net Pay

• Payroll Register

• Withholding Allowance

How much you earn before deductions are subtracted from your pay.

• Net Pay

• Tax

• Income

• Gross Pay

Which of the following is NOT a deduction required by law to be subtracted from most workers' gross pay?

• Federal income taxes

• State income taxes

• Healthcare Insurance

• FICA taxes

The summary of your total gross wages, deductions, and net pay from the beginning of the year to the end of the current pay period. On the pay stub it is referred to as Year To Date

• FICA Tax

• YTD Deductions

• YTD Gross

• Federal Tax

Which of the following represents common deductions on a pay stub

• Federal taxes

  State taxes

  Insurance Premiums

  Retirement Payments

• Hourly Wage

  YTD Earnings

  Income

  Social Security Number

• Gross Pay

  Net Pay

  Pay Period

Some deductions from your Gross Pay are required by law.

• True

• False

What should you do with your pay stub after you receive your pay check? (Choose 2 answers)

• Discard the Pay Stub

• Keep the pay stub for your records

• Verify the information

• Give the Pay Stub to your boss

Calculate the amount of gross pay for the following situation.

Casey works at Urban Air and earns $12.50 per hour. This week Casey work 24 hours. When she gets paid her Pay Stub should reflect the following Gross Pay.

• $288

• $520

• $300.00