Respuesta :
Answer
SALES TAX
Explanation
A physical paystub is document an employee receives either as a notice that the direct deposit transaction has gone through. A sales tax is a consumption tax imposed by the government on the sale of goods and services thus it is levied at the point of sale, collected by the retailer, and passed on to the government.The rate at which the state tax is deducted differs from the states.
Sales tax is not deducted on a typical pay stub.
A pay stub refers to a document that shows the amount that is paid to employees. Employees will receive a paycheck for each period they are paid.
Further Explanation
A pay stub contains the total amount earned, deductions from the total earnings and the net pay after the deduction from the total earnings.
A typical pay stub will include:
- Employee gross earnings: the total earnings you earn before deductions
- Tax deductions: these include City income tax, State income tax, Medicare, Social security and Federal income tax, etc.)
- Other deductions: such as 401K, health insurance, etc
- Net pay: this is what you get after the necessary deductions
The net pay is also referred to as "your take-home". It is the amount that remains after all the taxes and necessary deductions are removed from your total earnings.
Pay stub serves many purposes; it can be used by employers to settle any dispute that arises from employee pay. Employees can also review their pay stub to check if there are any illegal deductions from their wages.
Pay stub might also be a useful document when renting an apartment or buying a house as you may be required to tender it.
Therefore, sales tax is not deducted on a typical pay stub.
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KEYWORDS:
- pay stub
- employees
- sales tax
- deductions
- employer
- total earnings
