Paycheck Knowledge Quiz

Are you good at taking the deductions out of your paycheck? Well find out with this quiz where you get to find out how much you really know about your paycheck. I hope your ready to find out how smart you are?

Are you really good at taking the deductions out of your paycheck? Well find out with this quiz where you get to find out how much you really know about your paycheck. I hope your ready to find out how smart you are?

Created by: john
  1. This box itemizes the federal withholding, FIXA-MEDHI (medicare tax), FICA (social security tax) and state withholding current and calendar year to date figures.
  2. The marital status (married or single) and allowances claimed on the W4. If you have requested that an additional tax amount, either federal (F) or state (S), be taken from your check, it is now indicated.
  3. This box includes your name, employee id, the home department, and the location associated with the home department.
  4. This box includes the starting balance, hours earned in the calendar year, hours taken in the calendar year, adjustments, and the ending balance for personal preference hours. Personal Preference hours are accrued at the beginning of the calendar year and do not carry forward into future calendar years. Please contact the Benefits office at 581-7447 with questions regarding accruals.
  5. This box includes the starting balance, hours earned in the calendar year, hours taken in the calendar year, adjustments, and the ending balance for sick hours. Sick hours accrue on the 15th of each month and are available for use as of the 16th of each month.
  6. This box indicates the funding source(s) you were paid from.
  7. This box includes the starting balance, hours earned in the calendar year, hours taken in the calendar year, adjustments, and the ending balance for vacation hours.
  8. All after-tax deductions such as GLI (group life insurance) are listed in this box, including current and calendar year-to-date amounts.
  9. Each earnings code is itemized and totaled at the bottom of this box in the Total section.
  10. Deductions for medical and dental insurance, parking permits, and any before-tax deductions are listed in this box with current and calendar year-to-date amounts.

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