Deductions
This is the amount of money that an employee deposits each pay period for retirement.
What is a Retirement Plan?
This tax is applied on earned and unearned ________.
What is Income Tax?
This includes the employee's name, SS, and home address.
What is Personal Information?
This is a state provided insurance that gives money to those who've lost their job and meet certain requirements.
What is Unemployment Insurance?
This tax depends on the W-4 form and is required by law for employers to withhold from earned wages.
What is Federal Withholding Tax?
This tax is the percentage of income that is deducted from each paycheck.
What is Payroll Tax?
This is the length of time between which employee wages are calculated.
What is Pay Period?
This is a perk provided to an employee added to their salary and wages.
What is Employee Benefit?
This is the nation's healthcare program based on a percentage of 1.45%.
What is Medicare?
What is Sales Tax?
These two types of pay include the one without taxes applied and the one after taxes are applied.
What is Gross and Net Pay?
This is a benefit given to employees that suffer from related illness or injury.
This is the nation's retirement plan based on a percentage of 6.2% and provides income and retirement for the elderly.
What is Social Security?
This tax is paid when purchasing these types of items: gas, alcohol, and airline tickets.
What is Excise Tax?
This lists the paycheck diminutions and other important information.
What is Paycheck Stub?
This is any type of benefaction that an employee makes to their own benefits that may or may not be matched by an employer.
What is Employer Contributions?
This is the total amount of deductions that have been withheld from an employee's paycheck from Jan 1 to the last day of the most recent pay period.
What is Year-to-Date?
This tax is applied as a percentage of the value of __________.
What is Property Tax?
This is the amount of money that is subtracted from the paycheck for mandatory taxes, medical, or retirement benefits.
What is Deductions?
This service collects federal taxes, issues regulations, and enforces tax laws.
What is the Internal Revenue Service (IRS)?