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Roberts Paycheck voc
Stack #130379
Question | Answer |
---|---|
W-2 form | How much money was earned and paid in taxes throughout the previous year. |
W-4 form | Determines how much will be withheld from employee's paycheck for taxes. |
I-9 form | Form used to establish whether employee is eligible to work in the United States. |
Drivers License, Social Security card, Military ID, birth certificate | Documentation which must be provided to complete a Form I-9. |
Payroll card | Electronically carries the balance of the employee's net pay. |
Pay Period | The length of time for which an employee's wages are calculated. |
Direct Deposit | Employers directly deposit an employee's paycheck into his/her bank account. |
Paycheck | Traditional check and stub |
FICA | Federal Insurance Contribution Act |
Social Security | Provides retirement income for the elderly and disabled. |
Medicare | Provides health care for the elderly and disabled. |
Net Pay | The amount left after payroll deductions have been taken from the gross pay. |
Gross Pay | The total amount of money earned before payroll deductions. |
Year-to-Date | total of all deductions which have been withheld from an individuals paycheck from January until the last day of the pay period indicated on the pay check stub. |
I-9 and W-4 | Two forms must an employee complete when beginning a new job |
Services our tax dollars are used for | Police, schools, roads, emergency services, government agencies |
Personal information | Name, address, Social Security number |