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Pay Stub This is a weekly pay stub for an hourly job . 50 /401 = 51, 050 Earnings Gross Pay Tax Voluntary* Deductions Deductions Net Pay 526. 50...

Please help. How do I fill in this pay stub? I don't under the instructions given below. Screen Shot 2019-04-02 at 10.33.02 AM.png



Use the gross pay amount to calculate the Social Security and Medicare taxes.


Use the gross pay amount to determine the state tax. (tax is 3%)


Find the total of the taxes.


Use the list below to choose voluntary deductions.


  • Retirement: Calculate 5% of gross pay.
  • Health Insurance: Use an annual deduction of $1650 to calculate the deduction for the pay period.
  • Life Insurance: Use an annual deduction of $400 to calculate the deduction for the pay period.
  • Disability Insurance: Use an annual deduction of $150 to calculate the deduction for the pay period.


Find the total of the voluntary deductions.


Determine the net pay by subtracting the tax deductions and the voluntary deductions from the gross pay.

Screen Shot 2019-04-02 at 10.33.02 AM.png

Pay Stub
This is a weekly pay stub for an hourly job .
526. 50 /401 = 51, 050
Earnings
Gross Pay
Tax
Voluntary*
Deductions
Deductions
Net Pay
526. 50 learned per
hour ; * 40 / hours
worked in a week !
= 51, 0ED LEROSS
Day !
Explanation of Deductions
Federal Tax
$127 . 20
Retirement
Social Security Tax
Health Insurance
Medicare Tax
Life Insurance
State Tax
531. 80
Disability Insurance

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