Reading a Paystub

DIRECTIONS: Write the letter of the item on the paystub that matches its name in the list. Then, write your
OWN definition of each part of the paystub, using COMPLETE SENTENCES in your OWN words.








1. b_____ Gross Pay: Gross pay is the amount of money you get before taxes.
2. c_____ Net Pay: Net pay is the amount of money you will receive after taxes.
3. d_____ Deductions: The amount of money taken out of your gross pay is the deduction.
4. a_____ Pay Period: The length of time in which the employees wages are calculated.
5. _g____ FICA: The FICA is the money taken out to be used for social security.
6. _j____ Year-to-Date: Year to date is the total amount of money taken out within the whole year.(jan 1
st

last day)
7. __e___ Federal Withholding Tax: The amount that is needed to be taken out of your paycheck that is
used to fund federal jobs and such.
8. ___h__ Medical: The amount taken from your paycheck that is used for medical uses.
9. _f____ State Withholding Tax: State withholding tax is the money that is taken out to be used by the
state.
10. __i___ Retirement: Retirement tax is the tax taken out to be used for retirement.