Here's How to Read a Pay Stub [With Sample Paycheck]

Leslie walks you through how to understand what goes in (and is taken out) of your paycheck. That includes:

-- Gross Pay: The total amount of earnings you earn for the pay period.
-- Pre-tax deductions: Deductions that are taken out of your paycheck before the taxes you pay
-- State and Federal taxes, like FICA: The income taxes you have to pay through payroll
-- Post-tax deductions: Deductions taken out of your paycheck after taxes
-- Net pay: The amount you take home after everything's been taken out.
-- Reimbursements: Any reimbursements your employer may owe you.

We'll also touch on employee-paid taxes and contributions as well, like 401(k) deductions. For more payroll basics, check out these resources:
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[READ] How to Read a Pay Stub: https://goo.gl/wjNbJe
‍[READ] Decode Your Employee's Paycheck: https://goo.gl/mwuJHE
‍[READ] What are Payroll Taxes? https://goo.gl/CYTGc2
‍[READ] Payroll Terms You Need to Know: https://goo.gl/y2ihMe
‍[WATCH] How to Calculate a Paycheck for your Employees https://youtu.be/75IK5vEhHHw

Ask Gusto is a YouTube series designed to answer your top payroll, HR, and benefits questions. New episodes come out weekly -- feel free to ask what's on your mind, and we'll answer it!

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For more small business answers, visit us at: https://www.gusto.