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Your paycheck stub serves as proof of income and government agencies, lenders and landlords often request them to verify your earnings.
A W-4 is the IRS tax form you fill out upon employment, so your employer will withhold your desired amount of federal income tax from your paycheck.
The W-4 form tells the employer the correct amount of federal tax to withhold from an employee's paycheck.
A salary statement, commonly called a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes a notice that
If you’re in or just out of school, your paycheck can be a big shock. The human resources department or your boss will ask you to complete the W-4 form.
A copy must be provided to the employee or other payee. The relevant forms are as follows: Form W-2 series for wages (the Federal report is also used for states), due to employees by January 31. A summary is filed on Form W-3. Form 1042-S for payments to foreign persons, due to payees by March 15. A summary is filed on Form 1042.
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