Asst. 6 - Paystubs


 

 

 


Copy and paste the link below into your browser. Read the
information about paystubs, and then define each of the terms in the
correct space below. For the abbreviations, the words will match
exactly. (For example, SWT means State Withholding Tax - everyone
should have the same answer on those questions.)

Please DO NOT copy and paste definitions; you will not receive
credit for this assignemnt if you do. Each definition must be
worded originally so that I know you understand and can explain the
terms.

http://www.clearpointcreditcounselingsolutions.org/how-to-read-your-
pay-stub

  • 1) Federal Tax -
  • 2) Gross Pay -
  • 3) Local Tax -
  • 4) Medicare -
  • 5) Net Pay -
  • 6) Social Security -
  • 7) State Tax -
  • 8) Year to Date (for earnings and deductions) -
  • 9) YTD
    Answer:
  • 10) SS or SSWT
    Answer:
  • 11) FT or FFWT
    Answer:
  • 12) ST or SWT
    Answer:
  • 13) Med or MWT
    Answer:
  • 14) By law, the above deductions must be withheld from a paycheck.