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  • Payroll Worksheet

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    69 views1 page

    Payroll Worksheet

    Uploaded by

    api-254404851

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    1

    PAYROLL SHEET

    Name: Michael Barns




    40 Hours @ Straight Time



    Total Gross Pay $48,000 (How much did we agree that you were making?)

    Deductions:

    State/Federal Taxes (30%) $14,400

    Medical Ins. (10%) $4,800

    401K Contribution (5%) $2,400

    Total Deductions $21,600


    Subtract your total Deductions from your Gross Pay. This is your Net Pay or take-home pay.

    *Net Pay $26,400

    *Your net pay will be used to complete the Budget Worksheet.

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