Reading A Paycheck Stub Worksheet - Free Printable
Educational worksheet: Reading A Paycheck Stub Worksheet. Download and print for classroom or home learning activities.
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Step-by-step solution for: Reading A Paycheck Stub Worksheet
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Show Answer Key & Explanations
Step-by-step solution for: Reading A Paycheck Stub Worksheet
To solve this problem, we need to fill in the missing information on the paycheck stub for Julie Jones. The directions ask us to:
1. Enter personal information (already mostly filled in).
2. Calculate gross pay, total deductions, and net pay.
Let’s go step by step.
---
The “Pay Type” is listed as Gross Pay, and under “Current”, it already shows $1083.00.
✔ So, Gross Pay = $1083.00
*(Note: Sometimes gross pay is calculated from hours × rate, but here it’s given directly.)*
---
We are given a list of current deductions:
- Federal Withholding: $122.05
- State Withholding: $42.27
- Fed OASDI/EE or Social Security: $67.15
- Fed MED/EE or Medicare: $15.70
- Medical: $42.00
- 401K: $80.00
Let’s add them up:
Start with:
122.05 + 42.27 = 164.32
164.32 + 67.15 = 231.47
231.47 + 15.70 = 247.17
247.17 + 42.00 = 289.17
289.17 + 80.00 = 369.17
✔ So, Total Current Deductions = $369.17
*(This matches the “Totals” row under “Current” — good check!)*
---
Net Pay = Gross Pay – Total Deductions
So:
$1083.00 – $369.17 = ?
Let’s subtract:
1083.00
– 369.17
= ?
Do it carefully:
Start from the right:
0 – 7 → can’t do, borrow → 10 – 7 = 3
(But since we borrowed, next digit becomes 9 instead of 0)
9 – 1 = 8
Then: 2 – 9 → can’t do, borrow → 12 – 9 = 3
Now hundreds place: 9 (after borrowing) – 3 = 6
Thousands: 0 (since 1 became 0 after borrowing) → so result is 713.83
Wait — let me double-check that subtraction:
Actually:
1083.00
– 369.17
__________
Break it down:
1083.00 – 300 = 783.00
783.00 – 69 = 714.00
714.00 – 0.17 = 713.83
✔ Yes! Net Pay = $713.83
---
We’re also given year-to-date totals for deductions:
- Federal Withholding: $854.35
- State Withholding: $295.89
- Fed OASDI: $434.00
- Fed MED: $101.50
- Medical: $294.00
- 401K: $560.00
Add those:
854.35 + 295.89 = 1150.24
+434.00 = 1584.24
+101.50 = 1685.74
+294.00 = 1979.74
+560.00 = 2539.74
Which matches the “Year-to-date” total shown: $2,539.74 ✔
Also, note: The “Check Amount” at top right is $713.83 — which should equal net pay. And it does!
---
All blanks seem to be filled except possibly “Pay Period” — but no dates are given to calculate that, and the worksheet doesn’t require it beyond what’s shown.
The main calculations requested were:
- Gross Pay → Given: $1083.00
- Total Deductions → Calculated: $369.17
- Net Pay → Calculated: $713.83
And they all match the provided numbers in the stub.
---
Final Answer:
Gross Pay: $1083.00
Total Deductions: $369.17
Net Pay: $713.83
1. Enter personal information (already mostly filled in).
2. Calculate gross pay, total deductions, and net pay.
Let’s go step by step.
---
Step 1: Gross Pay
The “Pay Type” is listed as Gross Pay, and under “Current”, it already shows $1083.00.
✔ So, Gross Pay = $1083.00
*(Note: Sometimes gross pay is calculated from hours × rate, but here it’s given directly.)*
---
Step 2: Total Deductions (Current)
We are given a list of current deductions:
- Federal Withholding: $122.05
- State Withholding: $42.27
- Fed OASDI/EE or Social Security: $67.15
- Fed MED/EE or Medicare: $15.70
- Medical: $42.00
- 401K: $80.00
Let’s add them up:
Start with:
122.05 + 42.27 = 164.32
164.32 + 67.15 = 231.47
231.47 + 15.70 = 247.17
247.17 + 42.00 = 289.17
289.17 + 80.00 = 369.17
✔ So, Total Current Deductions = $369.17
*(This matches the “Totals” row under “Current” — good check!)*
---
Step 3: Net Pay
Net Pay = Gross Pay – Total Deductions
So:
$1083.00 – $369.17 = ?
Let’s subtract:
1083.00
– 369.17
= ?
Do it carefully:
Start from the right:
0 – 7 → can’t do, borrow → 10 – 7 = 3
(But since we borrowed, next digit becomes 9 instead of 0)
9 – 1 = 8
Then: 2 – 9 → can’t do, borrow → 12 – 9 = 3
Now hundreds place: 9 (after borrowing) – 3 = 6
Thousands: 0 (since 1 became 0 after borrowing) → so result is 713.83
Wait — let me double-check that subtraction:
Actually:
1083.00
– 369.17
__________
Break it down:
1083.00 – 300 = 783.00
783.00 – 69 = 714.00
714.00 – 0.17 = 713.83
✔ Yes! Net Pay = $713.83
---
Step 4: Check Year-to-Date Totals (Optional Verification)
We’re also given year-to-date totals for deductions:
- Federal Withholding: $854.35
- State Withholding: $295.89
- Fed OASDI: $434.00
- Fed MED: $101.50
- Medical: $294.00
- 401K: $560.00
Add those:
854.35 + 295.89 = 1150.24
+434.00 = 1584.24
+101.50 = 1685.74
+294.00 = 1979.74
+560.00 = 2539.74
Which matches the “Year-to-date” total shown: $2,539.74 ✔
Also, note: The “Check Amount” at top right is $713.83 — which should equal net pay. And it does!
---
Final Checks:
All blanks seem to be filled except possibly “Pay Period” — but no dates are given to calculate that, and the worksheet doesn’t require it beyond what’s shown.
The main calculations requested were:
- Gross Pay → Given: $1083.00
- Total Deductions → Calculated: $369.17
- Net Pay → Calculated: $713.83
And they all match the provided numbers in the stub.
---
Final Answer:
Gross Pay: $1083.00
Total Deductions: $369.17
Net Pay: $713.83
Parent Tip: Review the logic above to help your child master the concept of reading a pay stub worksheet.