| A | B |
|---|
| FICA & unemployment taxes are often referred to as this | Payroll taxes |
| The form a person completes to file their personal income taxes | 1040 |
| The total pay due for the pay period before deductions | Gross earnings |
| Formula to calculate overtime rate | 1.5 * regular rate |
| An employee's withholding allowances includes this | Individuals the employee supports including self |
| Regular wages are based on this | Total number of hours worked up to 40 |
| A business form detailing all items affecting payments to an employee | Employees' earnings record |
| A business form on which details about an entire payroll are recorded | Payroll register |
| An annual statement of an employee's total year's earnings and amounts withheld | W-2 |
| Payroll | The total amount earned by all employees for a pay period |
| Employee time records are kept on these | Time cards |
| Witholding allowances & marital status affect this | Federal income tax withheld |
| Payroll register | A payroll check is prepared from this document |
| The form an employee fills out showing the number of witholding allowances | W-4 |
| Medicare | The federal health insurance program for retirees |
| 40 | Regular wages are usually based on this many hours per week |
