money






 

Question by  loes (87)

What is gross pay?

I am applying for my first job.

 
+8

Answer by  sharon4595 (650)

Your gross pay is what you make before the state or local goverment or anyone tax money out of your check. They take out local tax, state tax and federal tax. Also you have to pay in to social security and medicare. If you take out insurance that will come out of your check to.

 
+6

Answer by  worshipr (163)

Gross pay is your total pay before the employer takes out deductions for such things as income taxes, medicare, health insurance costs, etc. You're then left with Net Pay.

 
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