Half a million members creating, sharing and exploring great visual content. Join us!

Header

Transcript

5 Common Payroll Deductions Made From An Employee's Paycheck [Infographic]

5 Common Payroll Deductions Made From An Employee���s Paycheck



FEDERAL INCOME TAX

Amount calculated on Taxable Income

Marital Status

Frequency of Pay

Number of Claimed Allowances



SOCIAL SECURITY

Flat Percentage Rate

Deduction based on Taxable Income

Also Appears as FICA Tax



MEDICARE TAX

% Flat Percentage Rate

$ Based on Taxable Income

! Also Appears as FICA



OTHER DEDUCTIONS

Insurance Policies

Deductions Vary According to State and Employer



STATE INCOME TAX

Calculated Based on W4 or State Income Tax

Marital Status

Taxable Income

Allowances



Wage Garnishment

Employers Can Withhold Earnings In Order To Pay Debt

Download the latest issue of the Visualist, our guide to visual content strategy.

5 Common Payroll Deductions Made From An Employee's Paycheck [Infographic]

shared by JaneKelly321 on Jul 27, 2012 in Business

5 Common Payroll Deductions Made From An Employee's Paycheck [Infographic]

shared by JaneKelly321 on Jul 27, 2012 in Business

2K views

0 faves

0 comments

An infographic on Common payroll Deductions made from an employee's Paycheck.
Rank: 661 of 16395 in Business

Designed By

Unknown (Claim it!)

Embed Code

Switch to Wordpress Code
Click below to copy
Customize size

Tell your story visually before December 31st and get a free iPad Air!*

The holidays are a great time to tell your brand story. From Black Friday trends and Mobile Shopping guides to the Best and Worst Times to Book Travel and Thanksgiving etiquette, the Visually team will help you craft your brand's unique stories and raise your social profile during the noisy holiday season.


*Requires $10k minimum purchase