by fred flintstone on October 24th, 2009

fred flintstone

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What is a check stub in USA? In UK it is a hand written note of the payee, date and amount, but in a book I am reading, in the USA it seems to be issued by the payer to the payee (presumably along with the check) like a remittance advice in the UK.

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  • by Sherri on October 24th, 2009

    Sherri

    There is no requirement for a payer to give a check stub the payee unless it is a payroll check. Then the check stub gives the number of hours worked at what rate or the salary, the withholdings for Social Security, Federal taxes, State taxes if applicable as not every state has an income tax, and state disability withholding. The stub may also give the year to date figures.
    And not every employee gets a paycheck anymore; many have a direct deposit to their bank, in which case the employer gives the employee a paystub=check stub.
    Hope this helps!

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  • by Thriftymaid on October 24th, 2009

    Thriftymaid

    Employee compensation checks often have a stub attached with tax and deduction details. Many business checks also have stubs.

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