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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.
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The W-4 form tells the employer the correct amount of federal tax to withhold from an employee's paycheck.
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 pay stub contains all your income information, so it’s a great tool for tracking your salary, the taxes you’ve paid, insurance premium amounts, bonus information and vacation and overtime pay.
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.
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