Your paystub (in the US) should state how exactly much is going to Medicare, unemployment, social security, disability, and general state and federal income for various programs (highway repair, workforce development, etc depending how your state uses income tax). If this is not on each of your paystubs, speak to your payroll department.
What do you mean by itemized taxes? I can already see where taxes are going on my paystub: health, dental, vision, federal tax, state tax, Medicare, and social security. I can also see how much is going to 401k.
More itemized than that? I wouldn’t really want to see where the federal and state taxes are being used simply because I think that would be way too many items.
You get a gross and net pay. The net pay shows how much you take home. But the taxes are taken out as big generalistic chunks, like Federal and State. You don’t get further itemization.
I love this
Edit: I also think taxes should be itemized on US paystubs, like is done in many civilized nations.
One reason so many in the US hate taxes automatically is because it is a black hole into which we have no insights (on paystubs).
Your paystub (in the US) should state how exactly much is going to Medicare, unemployment, social security, disability, and general state and federal income for various programs (highway repair, workforce development, etc depending how your state uses income tax). If this is not on each of your paystubs, speak to your payroll department.
What do you mean by itemized taxes? I can already see where taxes are going on my paystub: health, dental, vision, federal tax, state tax, Medicare, and social security. I can also see how much is going to 401k.
More itemized than that? I wouldn’t really want to see where the federal and state taxes are being used simply because I think that would be way too many items.
how do you know how much you’re supposed to be taking home?
You get a gross and net pay. The net pay shows how much you take home. But the taxes are taken out as big generalistic chunks, like Federal and State. You don’t get further itemization.