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Pay Check

Gross Pay

Amount of money earned before deductions

Net Pay

Amount of money you take home after deductions

Deductions

Money withheld by your employer

W-2 Form

Tax form shows the ammount of taxes withheld from you paycheck for the year and is used to file your federal and state taxes

W-4 Form

A W-4 is a form Completed by an employee to indicate his or her tax situation (exemptions, status, ect.) to the employer. The W-4 form tells the correct amount of tax to withhold from an employee's paycheck.

Pay Check

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