What are the abbreviations on a pay stub?

There are a few abbreviations that you might not know. These will include: Earning abbreviations show where your money is coming from. This includes not just regular pay, but possibly also vacation pay or even administrative leave. Every kind of pay will have an abbreviation on your pay stub.

What are the different stub abbreviations for tax deductions?

Here are the most common paycheck stub abbreviations that deal with tax deductions: FICA — Med — This refers to the Federal Insurance Contributions Act — Medicare that you contribute 1.45% of your pay to. FICA — SS — This refers to the Federal Insurance Contributions Act — Social Security that you contribute mandatory Social Security payments to.

What is on a paycheck stub?

A paycheck stub summarizes how your total earnings were distributed. The information on a paystub includes how much was paid on your behalf in taxes, how much was deducted for benefits, and the total amount that was paid to you after taxes and deductions were taken. Paycheck stubs are normally divided into 4 sections: