Understanding Pay Stubs and Deductions

What is a pay stub?

• A record of your payments from work.

• A list of your favorite foods.

• A map to a treasure.

• A storybook.

Which of these is another name for a pay stub?

• Earnings Statement

• Shopping List

• Report Card

• Recipe Book

What kind of information is usually found on a pay stub?

• Your favorite colors and animals.

• Employee information, wages earned, taxes, and deductions.

• Your height and weight.

• The weather forecast.

What is the most important thing a pay stub shows you?

• How many friends you have.

• How much money you earned.

• Your shoe size.

• The date of your birthday.

If your company uses direct deposit, how might you get your pay stub information?

• By mail only.

• Attached to a physical check.

• Online.

• From a friend.

What does the "Pay Period" on a pay stub tell you?

• The time you have worked.

• The date you get paid.

• Your employee ID.

• Your social security number.

What does "Pay Date" mean on a pay stub?

• The day you start a new job.

• The day you receive your paycheck.

• The day you take a vacation.

• The day you buy something new.

What is "Gross Income" on a pay stub?

• The money you get after all taxes are taken out.

• The total money you earned before taxes and other deductions.

• The amount of money you spend on food.

• The money your employer keeps.

What are "Deductions" on a pay stub?

• Extra money your employer gives you.

• Money taken from your gross earnings for things like taxes.

• Money you save for a toy.

• Money you earn from selling old items.

Which of these is a type of federal tax that can be taken from your pay?

• Sales Tax

• Property Tax

• Federal Income Tax

• Toy Tax