What is shown on a pay stub?

What is shown on a pay stub?

It shows your total earnings for the pay period, deductions from the total, and your net pay after deductions. Your pay stub will include: Gross wages (the amount you earn before deductions) Tax deductions (federal, state, and local taxes, Social Security, Medicare, etc.)

How do I make a pay stub?

Make sure you include the following information:

1. Company name and address.
2. Employee name, address and Social Security number.
3. Gross and net earnings.
4. Hours worked and the hourly rate for the pay period.
5. Start and end date of the pay period.
6. Health insurance and other deductions.
7. Employee contributions.
8. Taxes withheld.

Is a w2 a pay stub?

No, a W-2 is not the same as a pay stub. A W-2 form, also known as a Wage and Tax Statement, is a required document that an employer must send to employees each year. Think of your employees’ W-2 as a net earnings pay stub. A pay stub outlines the details of an employee’s gross wages for each pay period.

How do I calculate my pay stubs?

How to Calculate Gross Monthly Income From a Paycheck Stub

1. Look up the amount listed on the paycheck stub before anything is subtracted.
2. Multiply this by 2.17 to find your gross monthly income if you are paid every two weeks.
3. Multiply your base pay by 4.35 to calculate your gross monthly income if you are paid weekly.

How do I print out my pay stubs?

Print Pay Stubs

1. Select Reports from the left menu.
2. Select All > Payroll.
3. From the Payroll drop-down, a list of payroll reports will show.
4. Select the checks to print and enter the check number.
5. Click Print.
6. Make sure your printer is filled with check stock.

Can you go to jail for fake pay stubs?

If you are caught, you can face jail time for fake pay stubs. There are also substantial fines that could be in excess of $1 million.

What can I use instead of pay stubs?

If you don’t have a pay stub, you can show a landlord your income with a letter from your employer, copies of freelancing contracts, a copy of a student loan or scholarship, or a copy of your tax returns, property managers say.

How do I find my gross Paystub?