Your Paycheck, Annotated: Every Line, Deduction, and Acronym Explained
A line-by-line walkthrough of a real sample pay stub — gross pay, FICA, federal and state withholding, pre-tax deductions, and why your net pay is smaller than you expected.
Money in America, explained in plain English.
What's really in your paycheck, how withholding and federal taxes work, and what the forms and acronyms mean — with IRS and SSA sources for every number.
A line-by-line walkthrough of a real sample pay stub — gross pay, FICA, federal and state withholding, pre-tax deductions, and why your net pay is smaller than you expected.
The real difference between employee and contractor income — who pays which taxes, what the W-2 boxes report, the 2026 form thresholds, and a $60,000 example run both ways.