1. a subtraction net pay

2. pay that includes overtime, commissions, and bonuses before any deductions exempt

3. the portion the employee takes home withholding allowance

4. free from deduction deduction

5. an amount entered on the W-4 form that tells the employer the amount of income tax to subtract from an employee's paycheck gross pay

Question

Business

Gracie Bishop

27 May, 03:08

1. a subtraction net pay

2. pay that includes overtime, commissions, and bonuses before any deductions exempt

3. the portion the employee takes home withholding allowance

4. free from deduction deduction

5. an amount entered on the W-4 form that tells the employer the amount of income tax to subtract from an employee's paycheck gross pay

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Answers (1)

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Mathew Dickerson · Answer 1

Subtraction net pay is the amount that is entered in the W-4 form and that tell the employer the amount of income tax that must be subtracted from an employee's paycheck gross pay

Explanation:

The amount that one receives after the taxes and the amount from the deductions and the final amount that is received on hand is called as the net pay. The subtracted net pay is the pay after the subtraction from the employers pay check and the gross pay

The gross pay is usually calculated by subtracting the federal tax and the social tax and the security taxes and the net pay amount ill be always lesser than the gross pay amount because it is the final amount that will be received