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What is an employee pay statement?
A pay stub is part of a paycheck that lists details about the employee's pay. It itemizes the wages earned for the pay period and year-to-date payroll. The pay stub also shows taxes and other deductions taken out of an employee's earnings. And, the pay stub shows the amount the employee actually receives (net pay).
How do you read an earnings statement?
Period Beginning, Period Ending, and Pay Date. Net Pay and Advice Number. This section reports your net pay for the period as well as calendar year to date. Tax Status. Earnings. 5-7. Taxes, Benefits, and Other Deductions. Deposit Information. Leave Used. Taxable Fringe Benefits.
How do I do my taxes with my last pay stub?
Use Form 4852 and your last pay stub to file income taxes Failing that, you can use IRS Form 4852 to file your tax return. Download Form 4852 from the IRS website and complete it using a copy of your last pay stub. Once complete, attach Form 4852 to your 1040 or other tax form and send it to the IRS.
What deductions appear on every pay stub?
The following are common deductions found on pay stubs. Employee tax deductions: Usually, government agencies (like the IRS and state tax departments) tax an employee's pay. Common taxes deducted include federal income tax, the employee portion of FICA tax, and, sometimes, state and local income taxes.
Where is the gross pay on a pay stub?
Both terms appear on your employee's pay stub. Gross pay or earnings usually appears at the top of the pay stub, while net pay appears towards the bottom, typically after a list of your employee's payroll deductions.
How can I get my pay stubs?
You can obtain a copy of your pay stubs by contacting your employer's human resources or payroll department. Some employers might require employees to submit a formal request to get copies of pay stubs, while others maintain employee pay information in an online database.
How do I get a pay stub if I have direct deposit?
Get Your Pay Stub From Your Employer Even employees using direct deposit can get their pay stubs from their employer. Employers can generate pay stubs based on your direct deposit and either e-mail them to you or give them to you directly. Ask your employer about this option and see if they can do this for you.
How do I check my pay stub?
Click the Pay stubs tab. If you don't see the pay stub tab, try switching to your employee account. Click the pay stub you wish to view. To print it, click Download PDF in the top right corner and print directly from your browser.
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