Questions tagged [paycheck]

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Paycheck in a foreign currency: protecting from exchange rates

I receive a recurrent paycheck in a foreign currency, which in my case is USD. Right now, I immediately convert it to EUR, which is the currency I live with. Say I receive recurrent payments of 5000 ...
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0 votes
1 answer
107 views

Can I still cash my check if the amount is written before the name of the payee?

My boss wrote me out a check but accidentally wrote the dollar amount first before writing my name. Is that a bad thing? Or can I still cash my check?
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1 vote
1 answer
459 views

How to e-mail a check to someone

How is it possible for someone to email me a check for services and I go to the bank and cash it
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1 vote
2 answers
152 views

Do Checks expire? [duplicate]

Ok, so I have looked this question up and gotten scrambled answers and I dont know what is right. I just got a paycheck from catering a wedding and I dont know if it would expire or if I can hold onto ...
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0 votes
2 answers
238 views

What does "Reg Wages NP CP" mean on a paycheck?

On my paycheck there's something that reads Reg Wages NP CP and it appears to specify hours since it is summed along with "Regular Wages" to "Total Hours". Does anyone know what it ...
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1 vote
3 answers
781 views

How to cash my brother's check

My brother is 15 and he doesn’t have a bank account. I’m 18 and I have a bank account. Would I be able to cash a work check written to him?
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2 votes
1 answer
144 views

Should I take my landlord's variable rent rate offer?

My apartment complex's landlord sent out an email to everyone, offering to change our rent amount to the following: $400 per month paid via check, plus 10% of monthly post-tax earnings, set up via ...
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  • 358
2 votes
1 answer
297 views

Year of 401k contribution for last paycheck?

I am getting my next paycheck on Jan 2nd, 2020. The paycheck covers work performed in 2019. Will the paycheck go towards my 2019 or 2020 401K contribution limit?
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  • 209
0 votes
0 answers
220 views

An honest mistake [duplicate]

I had a check that I had found while I was sorting through papers, and I figured it hadn’t been cashed because it was pretty much intact and still attached to the pay stub. So I deposited it, thinking ...
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4 votes
4 answers
9k views

Does a bank have to tell me if a check made out to me was cashed there?

I moved out of a place and I was supposed to receive my last pay check there. I think my housemate deposited it in his account. I know banks are not supposed to, but it's in a small town so people ...
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11 votes
4 answers
6k views

Will change of address affect direct deposit?

A direct deposit from my employer hasn't made it into my account yet but should have by now. I have a copy of the paystub which has my previous address (I just moved.) Could this be a reason for it ...
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  • 1,623
1 vote
2 answers
1k views

Mistakenly wrote "dollars" in dollars section of check

When filling a check, I wrote the alphabetic value correctly. However, I wrote "dollars" at its end (while it itself has this word). Should I cross it out? Ignore it? Or rewrite the check?
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  • 119
52 votes
5 answers
19k views

Handling waitress unclaimed pay from three years ago

Each week our boss gives us payslips with our hours worked and we can cash them right at the place of work. Pretty simple. You get a receipt for your hours worked for the week and a slip to turn into ...
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  • 619
2 votes
1 answer
109 views

Calculate federal withholding based on number of dependents

How would you determine the exact federal withholding for a paycheck based on number of dependents in the United States? Is there a formula or a specific percentage of your gross based of number of ...
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  • 1,623
1 vote
1 answer
12k views

Paid every two weeks but health insurance premium is listed as monthly

My husband gets paid every 2 weeks. I would like to know do they divide his health insurance payment between the 2 checks. It says per month on his paper work.
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0 votes
1 answer
156 views

Calculating Federal Tax from my paycheck - question about the formula used

I am trying to calculate the formula used to obtain my Federal Tax from my bi-weekly paycheck, so that I can anticipate future raises, and plan for my retirement accordingly. I was able to calculate ...
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3 votes
3 answers
836 views

Why would an employer limit their employees' 401(k) paycheck deduction?

Some employers limit their employees' 401(k) paycheck deduction. For example: The maximum contribution to Pre-tax 401k deferral, Roth 401k deferral, After tax is 65 percent. Why would an employer ...
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0 votes
1 answer
116 views

paycheck tax withholding ?

I received my first paycheck and 200 in taxes were taken out but I never received a w-4 or i9 Which is what I am used to were I can claim 0 5. So how can these taxes be taken out if I never received ...
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14 votes
3 answers
5k views

Difference between weekly and biweekly paychecks

Preface: all the numbers provided are fictional, but refer to the real situation I started recently with the new job, where accounting manager indicated that checks are biweekly. As I started at the ...
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17 votes
5 answers
5k views

Will it hurt my credit to keep a bank account at a credit union, but not use it?

A previous job forced me to open a new account with their partner credit union. I was very uneasy about it at the time, but there wasn't room or time to really argue it. That was four years ago, and I ...
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  • 374
3 votes
3 answers
994 views

Safest bet for monthly billing dates when paid bi-weekly

So while the best answer is to budget (along the line of the answers to this question) and use a second, preferably interest-bearing, account to even out the pain of monthly bills, I'm curious if ...
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4 votes
2 answers
324 views

My first pay had taxes withheld. How to get the personal allowance for income tax?

I paid tax on my first paycheck in the UK. However, I am a resident and am from an EEA country, so the personal allowance should apply to me, but I paid 100 pounds of my 545 pound pay in tax. Is ...
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7 votes
2 answers
1k views

What happens if I intentionally throw out a paycheck?

Setting aside the fact that most rational people would never try this, I am genuinely curious what would happen if somebody did it. Say I am a full-time, salaried employee in the US. I'm paid twice a ...
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  • 217
0 votes
3 answers
7k views

Will I get a tax refund if my bonus+regular paycheck brings me above a tax bracket for that month?

I received my bonus recently, but it was combined with my normal monthly check. The bonus the company gives out is 4 times the monthly pay, which combined with my regular pay is 5 times more... this ...
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0 votes
3 answers
12k views

How to get a copy of my W-4?

I've changed jobs in the past year and while my salary has increased, I'm still in the same tax bracket. But my federal tax withholding has increased much more per paycheck. I'm trying to figure ...
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  • 121
3 votes
1 answer
665 views

Is a 10 year old uncashed paycheck still good?

I found a paycheck from a previous job that is 10 years old and I never cashed it. The business is still operating, is it still good?
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2 votes
1 answer
2k views

Why are my taxes at a different percentage when changing jobs but claiming the same allowances

I have recently switched jobs, where previously I was getting paid semi-monthly and now I am getting paid weekly. When I look at all the taxes and Social Security taken out at my previous job it is at ...
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  • 121
1 vote
3 answers
978 views

Why is my federal tax lower than my FICA?

I claimed 2 allowances on my W-4 form, 1 for being myself and nobody claiming me as a dependent, and 1 for being single and having only one job. My first paycheck I got paid $673.08. Then I had the ...
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1 vote
1 answer
99 views

Can this check still be honored? [duplicate]

I recently found in my late husband's files, an uncashed payroll check dated 2/07/90 in amount of $557.74 which he apparently had overlooked. He passed in 2012. Is it even pos- sible to be ...
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1 vote
1 answer
344 views

Pre tax and and after tax on dental and eye vision insurance

If anyone can help me I would really appreciate it. In my Pay stubs I realize i get tax pre tax and post tax on both my dental and vision insurance? why is that? why do they take it out twice?
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3 votes
1 answer
4k views

Found a check in a parking lot, what should I do?

I think it got discarded because it's only worth $7. But still at least for future reference what should I do when I find someone else's check? What is the proper way to 6 it to someone? Should I try ...
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7 votes
2 answers
957 views

How is federal tax withholding calculated per paycheck?

I just started at a new company and received my first paycheck. It included a signing bonus, which of course made the paycheck much higher than a normal one will be. The fed withholding amount on the ...
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4 votes
2 answers
4k views

Can My Employer Charge Me a Fee to Get a Mailed Check Instead of Direct Deposit?

I have preferred to receive paper checks instead of direct deposit, as I find it easier to keep track of. However, my employer has now announced that there will be a (quite large) fee associated with ...
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-1 votes
1 answer
145 views

Can I find the name on this account [closed]

My wages got put in to the wrong account the company I worked for sent me the account number and sort code but I carnt find the name on the account is there any way of doing this
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  • 1
2 votes
1 answer
192 views

Converting from semi monthly to Bi-weekly

I am on salary and our pay was recently changed from semi monthly to biweekly on Nov 13,2015, that pay check only reflected the first week on Nov up to the 7th. As I was looking over my pay stub this ...
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  • 21
2 votes
1 answer
217 views

Direct deposit downside

After working at a job for four years as a salaried employee, my employer has offered direct deposit. He says he has to hold a weeks pay in arrears to give time to adjust deposits for those who leave ...
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  • 21
1 vote
1 answer
125 views

Cost comparison of cities

I'll graduate very soon with a computer engineering degree. I'm lucky enough to be in a field where there's a lot of openings in the city I live in right now (population: 100 000) but it requires a ...
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  • 141
1 vote
6 answers
3k views

My company handed me a letter today telling me I owe them money because they overpaid me. What can I do about it? [closed]

I work an hourly job. I got a letter today telling me that they overpaid me and I owe them money. My job pays minimum wage and I'm not sure how they "overpaid" me, their computers pay me per second ...
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29 votes
6 answers
14k views

What, if any, are the downsides of direct deposit?

After many years, my employer is offering direct deposit. I've used direct deposit before at other jobs. Are there any downsides or cons to using direct deposit?
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2 votes
1 answer
218 views

Tracking down forgotten brokerage account

My friend worked at Home Depot for several years during the early 1980s and participated in the employee stock investment program with 5% of his paycheck. His employment there ended abruptly upon ...
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2 votes
1 answer
227 views

Paycheck Questions

I have a situation where I believe I was supposed to be paid $1,000 more than what I actually was paid during the year. While it's not a huge amount of money it still would have been nice. I've been ...
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  • 121
-2 votes
1 answer
111 views

How to know what is my monthly take home

I am on a fixed income of 2500 a month and the total number of allowance I am claiming is 8 please tell me what is my take home monthly.
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  • 1
28 votes
6 answers
118k views

Found an old un-cashed paycheck. How long is it good for? What to do if it's expired?

I just found a paycheck from my old work that is dated August 5th, 2013. It's for over $300 and I'm wondering if it will still go through. I'm worried that it will bounce or there will be some issue ...
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  • 383
2 votes
1 answer
7k views

Calculating payroll taxes & take-home pay: Is provincial income tax deducted from gross salary, or after federal taxes salary?

I am trying to calculate my paycheck for 2014. I used to use an online calculator but the one I used seems to be disabled now. So, I found the tax slabs for 2014 but its been a few years since I ...
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5 votes
2 answers
18k views

Is it possible to calculate/estimate W2 based last paycheck?

My wife and I just realized we are missing her W2. Her work will not be able to get it to us on time before tax day, so we'll most likely file an extension. Having said that, we still need to pay any ...
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  • 161
1 vote
2 answers
57k views

What does "check payable to" mean?

I've just received agreement papers from a publication who I'm freelancing for. There is a section on the bottom that asks for my address, city, social security#, etc, but it also asks where my check ...
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  • 113
8 votes
1 answer
10k views

My bonus is taxed at a higher rate than my regular paychecks, so should I contribute 100% of my bonus to 401k?

Is there a tax advantage to putting 100% of my bonus into 401k? From looking at my pay stubs, my bonus gets taxed at a higher rate than my regular paychecks. And since traditional 401k contributions ...
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11 votes
2 answers
17k views

Pay check from an old employer

I received a paycheck from an ex-employer via direct deposit. It looks like they forgot to take me out of their automatic system, because I definitely shouldn't have received this check. I am a U.S. ...
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  • 113
10 votes
2 answers
22k views

Is There A Flaw In This Paycheck Calculation?

I work at a company that pays their employees every other Friday. In other words, paychecks are distributed every 14 days, ending on Friday. Upon being hired, I was told that I will make $300 every ...
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13 votes
4 answers
3k views

Someone has my check: any risks?

Some time ago I found a room to rent in another city (via Craigslist). I talked with the lady renting out the room on the phone and after we made a deal I sent her a half of the month rent ($375). Not ...
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