How to Read Your Paycheck
- Personal Information
- This is where you will find information such as your name, address, and the department for which you work.
- Tax Data
- Your tax data as indicated on the W-4 Form you filled out. If you are a resident of OR or MT, or work in either of those states, the second column will indicate your state tax data.
- Hours and Earnings
- This section shows the earnings types you have received over the course of the current calendar year. The 鈥淐urrent鈥� columns will show your pay rate, hours worked, and earnings for this pay period. The 鈥淵TD鈥� columns will show your hours worked and amounts earned during the current year (year-to-date).
- Taxes
- The taxes being withheld from your paycheck鈥攂oth for this pay period and for the year-to-date.
- Fed Withholding
- This is Federal Withholding Tax, based on the number of Withholding Allowances indicated on your W-4 Form.
- Fed MED/EE
- This is the employee鈥檚 portion of Federal Medicare Tax.
- Fed OASDI/EE
- This is the employee鈥檚 portion of Federal Social Security Tax.
- Any state taxes (i.e., OR Withholding) will be listed here as well.
- Fed Withholding
- The taxes being withheld from your paycheck鈥攂oth for this pay period and for the year-to-date.
- Before Tax-Deductions
- Any deductions taken from your paycheck prior to taxes being calculated.
- For benefit eligible faculty/staff, these deductions include Major Medical (health insurance), 403(b) Voluntary-ER Match (your retirement contribution), and more (depending on your benefit enrollments).
- After Tax-Deductions
- Any deductions taken from your paycheck after taxes are calculated.
- Every employee (except those in Montana) will have a Workers Compensation deduction in this section.
- Another common after-tax deduction is an Accounts Receivable deduction.
- For students, A/R deductions are based on the percent of net pay you indicated at Student Employment. The amount of this deduction goes directly from your paycheck to your student account.
- For faculty and staff, A/R deductions are for the grand total balance on your account. Charges on your account include, but are not limited to, purchases at the DX, Cafeteria, or U-Shop, or any balance remaining on your student account. Faculty and staff are not allowed to have a balance owing on their accounts.
- Any deductions taken from your paycheck after taxes are calculated.
- Employee Paid Benefits
- Any benefits 麻豆传媒 pays on your behalf will be listed here. Please note that the amounts in this section are not deducted from your paycheck.
- 麻豆传媒鈥檚 portion of your medical insurance, life insurance, disability insurance, and retirement contributions are listed here. Note that 麻豆传媒 pays both the basic 5% of your wages to your retirement account, as well as matching your contribution up to 3% of your wages.
- Any benefits 麻豆传媒 pays on your behalf will be listed here. Please note that the amounts in this section are not deducted from your paycheck.
- Totals
- This section will show the total amounts you have earned, both in this pay period (鈥淐urrent鈥�) and during the year (鈥淵TD鈥�) for five categories:
- Total Gross
- What you have earned overall.
- Fed Taxable Gross
- The portion of your earnings that is taxable.
- Total Taxes
- The taxes you have paid.
- Total Deductions
- The amounts that have been deducted from your earnings.
- Net Pay
- The total amount you get to keep after taxes and deductions.
- Total Gross
- This section will show the total amounts you have earned, both in this pay period (鈥淐urrent鈥�) and during the year (鈥淵TD鈥�) for five categories:
Net Pay Distribution
- This section will show you the form in which you were paid.
- If you received a paper check, the 鈥淎ccount Type鈥� column will read 鈥淚ssue Chk,鈥� with the check number of that check shown to the left.
- If your check was direct deposited into your bank account, the 鈥淎ccount Type鈥� column will say which type of account it was (Checking or Savings), and the 鈥淎ccount Number鈥� column will show your bank account number.
- The 鈥淎mount鈥� column for either method of distribution will show your net pay.
- This section will show you the form in which you were paid.