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- Here are some common payroll tax deduction codes12:
- 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
- INS: Insurance deductions for other coverage, such as life insurance
- 401(k) or RET: 401(k) contributions into a retirement plan
- DCR: Dependent care reimbursement
- Den/Dental: Dental premium
- FSA: Flexible spending account
- HCR: Health care reimbursement
- HSA: Health saving account
- LTD: Long term disability withholding
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
www.formpros.com/what-are-pay-stub-deduction-c…The following are common pre-tax deduction abbreviations:
- 401k/Ret: 401k or retirement withholdings
- DCR: Dependent care reimbursement
- Den/Dental: Dental premium
www.mrpaystubs.com/pay-stub-abbreviations/ - People also ask
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