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RESET FORM PRINT SAVE Name EMPLOYEE EARNINGS RECORD FOR PERIOD ENDED EARNINGS 20 PERIOD ENDED REGULAR OVERTIME TAXABLE EARNINGS TOTAL CUMULATIVE UNEMPLOY. COMP. SOCIAL SECURITY DEDUCTIONS FEDERAL INCOME TAX MEDICARE STATE NET PAY HEALTH INSURANCE CREDIT UNION CHECK NO. AMOUNT 11/4 330. 00 6 145. 50 22. 51 12. 71 72. 60 113. 08 249. 92 11/11 440. 00 49. 50 6 635. 00 30. 35 17. 13 97. 90 160. 48 329. 02 11/18 11/25 GENDER M DEPARTMENT OCCUPATION SOCIAL SECURITY NO. MARITAL STATUS ALLOWANCES PAY RATE DATE OF BIRTH DATE HIRED NAME/ADDRESS F AF-27 Ch 8 Mastery Prob 3 EMP. COMP. SOCIAL SECURITY DEDUCTIONS FEDERAL INCOME TAX MEDICARE STATE NET PAY HEALTH INSURANCE CREDIT UNION CHECK NO. AMOUNT 11/4 330. 00 6 145. 50 22. 51 12. 71 72. 60 113. 08 249. 92 11/11 440. 00 49. 50 6 635. 00 30. AMOUNT 11/4 330. 00 6 145. 50 22. 51 12. 71 72. 60 113. 08 249. 92 11/11 440. 00 49. 50 6 635. 00 30. 35 17. 13 97. 90 160. 48 329. 02 11/18 11/25 GENDER M DEPARTMENT OCCUPATION SOCIAL SECURITY NO. MARITAL STA....

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Your Earnings Statement provides employees detailed information on the additions to and subtractions from gross salary or wage in order to arrive at your net pay. Net pay is your “take home” pay.

Employers must keep the specific payroll and tax records required by all federal, state and local laws. This includes hours worked, rates of pay, total payments, pay period dates and much more. If in doubt about the requirements, employers should seek professional assistance.

Calculate net pay: The employee earnings record tells you each employee's net pay, which is the amount they'll take home in a given pay period after taxes. The employee earnings record shows how much is deducted from gross pay and for which taxes, so that employees always know how their take-home pay is determined.

Payroll deductions are wages withheld from an employee's total earnings for the purpose of paying taxes, garnishments and benefits, like health insurance. These withholdings constitute the difference between gross pay and net pay and may include: Income tax. Social security tax. 401(k) contributions.

Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages.

What you earn (based on your wages or salary) is called your gross income. Employers withhold (or deduct) some of their employees' pay in order to cover payroll taxes and income tax. Money may also be deducted, or subtracted, from a paycheck to pay for retirement or health benefits.

de·​duc·​tion di-ˈdək-shən. : an act of taking away. : something that is or may be subtracted. deductions from taxable income. : the drawing of a conclusion by reasoning.

For example, if you earn $50,000 in a year and make a $1,000 donation to charity during that year, you are eligible to claim a deduction for that donation, reducing your taxable income to $49,000. The Internal Revenue Service (IRS) often refers to a deduction as an allowable deduction.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232