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Video instructions and help with filling out and completing 2018 paycheck calculator

Instructions and Help about 2018 paycheck calculator

You might be wondering how do I calculate a paycheck for my employees well wonder no more because we got you covered hi this is Leslie at gusto and today we're gonna talk about how to calculate a paycheck first things first it's a great idea to check with your CPA or use an online software provider like gussto it just makes things easy for you and helps you stay compliant we're gonna start with a simple formula to calculate someone's net pay and that pays just a fancy way of saying the money that your employees take home so start out with gross pay subtract any pre-tax deductions subtract any employee taxes subtract out post tax deduction and there you have it you're left with your employees net pay first off calculate gross pay this is the big number so for hourly employees you're gonna see how many hours they worked in the pay period I multiply it by their hourly rate for salaried people it's usually the same every pay period and it's very yearly salary divided number to subtract out any pre-tax deductions this is money that comes out before you calculate taxes like health insurance or a traditional 401 k plan number three employee only taxes this is like income tax and FICA which is just a fancy way of saying Social Security and Medicare number four post tax deductions this is gonna be any garnishments or other money that has to come out after all the taxes are taken out next up do the subtraction just like we talked about take that gross pay take out those deductions and taxes and you'll be left with the net pick it might seem like you're done but you can always add in a reimbursement for any business expenses that your employee is paid and that's how you calculate a paycheck Oh got small biz questions asked gusto subscribe to our YouTube channel to quickly learn how to become a payroll pro

FAQ

How does the government calculate how much money to take out of your paycheck?
It's not the government as much as it's the employer.In the USA, that's why we do a W-4 form to indicate how many exemptions there might be. That's for taxes as far as wages. It's some calculation based on total wages and the number of exemptions designed to withhold enough so you shouldn't have to pay taxes, or little, at tax filing season.Social security and medicare are a percentage of total wages.
The company I work for is taking taxes out of my paycheck but has not asked me to complete any paperwork or fill out any forms since day one. How are they paying taxes without my SSN?
WHOA! You may have a BIG problem. When you started, are you certain you did not fill in a W-4 form? Are you certain that your employer doesn’t have your SS#? If that’s the case, I would be alarmed. Do you have paycheck stubs showing how they calculated your withholding? ( BTW you are entitled to those under the law, and if you are not receiving them, I would demand them….)If your employer is just giving you random checks with no calculation of your wages and withholdings, you have a rogue employer. They probably aren’t payin in what they purport to withhold from you.
How do I fill out the IIFT 2018 application form?
Hi!IIFT MBA (IB) Application Form 2018 – The last date to submit the Application Form of IIFT 2018 has been extended. As per the initial notice, the last date to submit the application form was September 08, 2017. However, now the candidates may submit it untill September 15, 2017. The exam date for IIFT 2018 has also been shifted to December 03, 2017. The candidates will only be issued the admit card, if they will submit IIFT application form and fee in the prescribed format. Before filling the IIFT application form, the candidates must check the eligibility criteria because ineligible candidates will not be granted admission. The application fee for candidates is Rs. 1550, however, the candidates belonging to SC/STPWD category only need to pay Rs. 775. Check procedure to submit IIFT Application Form 2018, fee details and more information from the article below.Latest – Last date to submit IIFT application form extended until September 15, 2017.IIFT 2018 Application FormThe application form of IIFT MBA 2018 has only be released online, on http://tedu.iift.ac.in. The candidates must submit it before the laps of the deadline, which can be checked from the table below.Application form released onJuly 25, 2017Last date to submit Application form(for national candidates)September 08, 2017 September 15, 2017Last date to submit the application form(by Foreign National and NRI)February 15, 2018IIFT MBA IB entrance exam will be held onNovember 26, 2017 December 03, 2017IIFT 2018 Application FeeThe candidates should take note of the application fee before submitting the application form. The fee amount is as given below and along with it, the medium to submit the fee are also mentioned.Fee amount for IIFT 2018 Application Form is as given below:General/OBC candidatesRs 1550SC/ST/PH candidatesRs 775Foreign National/NRI/Children of NRI candidatesUS$ 80 (INR Rs. 4500)The medium to submit the application fee of IIFT 2018 is as below:Credit CardsDebit Cards (VISA/Master)Demand Draft (DD)Candidates who will submit the application fee via Demand Draft will be required to submit a DD, in favour of Indian Institute of Foreign Trade, payable at New Delhi.Procedure to Submit IIFT MBA Application Form 2018Thank you & Have a nice day! :)
How do I fill out the CAT 2018 application form?
The procedure for filling up the CAT Application form is very simple. I’ll try to explain it to you in simple words.I have provided a link below for CAT registration.See, first you have to register, then fill in details in the application form, upload images, pay the registration fee and finally submit the form.Now, to register online, you have to enter details such as your name, date of birth, email id, mobile number and choose your country. You must and must enter your own personal email id and mobile number, as you will receive latest updates on CAT exam through email and SMS only.Submit the registration details, after which an OTP will be sent to the registered email id and mobile number.Once the registration part is over, you will get the Login credentials.Next, you need to fill in your personal details, academic details, work experience details, etc.Upload scanned images of your photograph, and signature as per the specifications.Pay the registration fee, which is Rs. 950 for SC/ST/PWD category candidates and Rs. 1900 for all other categories by online mode (Credit Card/ Debit Card/ Net Banking).Final step - Submit the form and do not forget to take the print out of the application form. if not print out then atleast save it somewhere.CAT 2018 Registration (Started): Date, Fees, CAT 2018 Online Application iimcat.ac.in