Let’s delve deeper into the anatomy of a W2 form, its uses, and how to create a W2 online using a W2 creator or a W2 maker in a few easy steps. Each paycheck you receive from your employer has income tax deductions subtracted from it. That is due to the fact that both federal a...
YTD is just one of the many perplexing abbreviations on an employee pay stub. Listed below are some of the common deduction codes found on your pay stub to help you or your employee make sense of the paycheck stub FED TAX - Federal Income Tax Withheld STATE TX - State Income Tax Withhe...
electing additional federal income tax to be withheld from each paycheck on the W-4 increases the withholding amount. Social Security and Medicare taxes always apply, except in rare exceptions, such as, if you are a student who works for a school where you are also a student. ...
federaladditionalamountWithheld double Additional federal tax withheld federalallowancesclaimed federalallowancesclaimed double Federal tax allowances claimed federalfilingstatus federalfilingstatus string Federal tax filing status federaltaxablewagescurrent federaltaxablewagescurrent double Current federa...