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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 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 the direct deposit transaction has gone through or that is attached to the paycheck.
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis.
It's essential to verify that each of your pay stubs contains your correct name, tax deductions, Social Security number, vacation balance and pay rate. In addition, you should make sure your...
Adjusted gross income is gross income less deductions from a business or rental activity and 21 other specific items. Several deductions ( e.g. medical expenses and miscellaneous itemized deductions) are limited based on a percentage of AGI.
The most widely used is to invest in tax-exempt municipal bonds, which pay interest that you don't have to include as taxable income on your tax return. But itemized deductions also play a key ...
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