HTML Preview Paycheck Calculation page number 1.
Sample Paycheck:
Sample W-2 Info:
Boxes 01 and 16 display your Federal and State taxable gross income on your W-2.
Boxes 03 and 05 display your FICA taxable gross income on your W-2.
**Imputed Life is a
taxable benefit. This
amount is added to
gross earnings before
the calculation of
Federal, State and
FICA taxes are
completed. This is not
a deduction.
All JMU pre-tax
deductions are
exempt from the
calculation of
Federal and State
taxes.