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- Payroll deduction codes are abbreviations for different types of deductions from your paycheck12.Some common payroll deduction codes are12:
- FED, FIT, or FWT: Federal income tax withholding
- State, SIT, or SWT: State income tax withholding
- FICA: FICA taxes paid for Medicare and Social Security
- YTD: Year-to-date
- MED: Insurance deductions for health, vision, or dental insurance
- GHI: Health insurance plan
- UFT COPE: Union dues
- TRS: Teachers' Retirement System
- TDA: Tax-deferred annuity
- COMM: Commuter benefits plan
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Here are the most common pay stub deduction codes: FED, FIT, or FWT: Federal income tax withholding State, SIT, or SWT: State income tax withholding FICA: FICA taxes paid for Medicare and Social Security YTD: Year-to-date MED: Insurance deductions for health, vision, or dental insurancewww.formpros.com/what-are-pay-stub-deduction-c…Here are some abbreviations for common deductions:
- HIP or GHI (with no amount) You are enrolled in a cost-free health plan.
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