The MakeMeThinner Support Forum

[katieb920]

I was just looking at my husbands paycheck stub. Can some one tell me what this means.


YTD. FED. WAGES
AND
YTD.FICA WAGES.


Lets just say this is what my husband check look likes

YTD. FED.WAGES $10,563.00
YTD FICA WAGES $ 11,867.00

Just curious what the fica wages are.

Thanks

[TonyR]

I was just looking at my husbands paycheck stub. Can some one tell me what this means.


YTD. FED. WAGES
AND
YTD.FICA WAGES.


Lets just say this is what my husband check look likes

YTD. FED.WAGES $10,563.00
YTD FICA WAGES $ 11,867.00

Just curious what the fica wages are.

Thanks

Well I work in payroll, and it may mean a couple of things...without really looking at the check in question could be hard, but usually it should probably mean that that is the amount of taxes he has paid for the year in Federal, or it could mean (if you are talking about this current year and not last year) his taxable income after any pre tax deductions ie..401k or 403b contributions or HCRA deductions. Then the FICA is 7% of your income that is taken out and the employer pays the other 7% and that is off the full gross amount of your check....

hope that helps somewhat.

[katieb920]

Thanks.

I am looking at last year check.... And I am looking at this years check and they both have the same thing going on. So I am am assuming is that I paid taxes on the
YTD. FED.WAGES $10,563.00
AND THAT THE FICA INCLUDED HIS 401K WHICH WE WOULD NOT PAY TAXES ON.

Thanks Tony.

It is good seing you on the boards

[MISSANNE]

I do payroll also, YTD means YEAR-TO-DATE.

Check what FICA is in your state, Im in AZ and ours is 7.65, that legally has to come out of every single check no matter what.

[Serendipity]

FICA is actually the same in every state. It's 6.2% and Medicare is 1.45% (total 7.65%).

Your 401(k) is pretax for federal taxes and not for FICA and Medicare. That's why the taxable amounts differ. The amount is deducted from your gross wages before your federal income tax is calcualted.