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Pay Stubs

Create a professional looking paystubs for yourself or your employees with Pay-Stubs.com

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Pay Stubs

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  1. Pay-Stubs: Payroll Deductions

  2. Payroll deductions are amounts withheld from an employee's payroll check, and these amounts are withheld by their employer.

  3. FICA is an acronym for "Federal Insurance Contributions Act." FICA tax is the money that is taken out of workers' paychecks to pay older Americans their Social Security retirement and Medicare (Hospital Insurance) benefits. It is a mandatory payroll deduction

  4. To calculate the FICA withholding for employees, you must take the employee's gross pay (including overtime) and multiply by the employee rate of 7.65%. How FICA Taxes Calculated

  5. Stands for Federal Medicare/Employer-Employee tax and it is used to fund the federal Medicare insurance program. Every American is allowed to access the Medicare health insurance program, which includes many basic services for free. While there are parts of Medicare that the subscriber must pay for, services such as hospitalization and emergency services are covered by the Fed MED/EE tax.

  6. Contact: Pay-Stub WebSite:https://www.pay-stubs.com/ Mail Us: info@pay-stubs.com

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