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Ks Payroll Worksheet
Ks Payroll Worksheet
PAYROLL SHEET
Name: Katelynn Raymond
40 Hours @ Straight Time
Total Gross Pay $40,000 (How much did we agree that you were making?)
Deductions:
State/Federal Taxes (30%) $12,000
Medical Ins. (10%) $4,000
401K Contribution (5%) $2,000
Total Deductions $18,000
Subtract your total Deductions from your Gross Pay. This is your Net Pay or take-home pay.
*Net Pay $22,000
*Your net pay will be used to complete the Budget Worksheet.