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Understanding Your First Paystub
Rating: 4.5 out of 5(43 ratings)
2,303 students

Understanding Your First Paystub

Introduction to gross income, net income and employment taxes
Last updated 1/2025
English
English [Auto],

What you'll learn

  • Employment Taxes
  • Tax Administration For Employment Taxes
  • Gross Income
  • Net Income
  • Paystubs

Course content

5 sections6 lectures33m total length
  • Introduction1:16

    Define gross income and net income, then analyze a pay stub to distinguish gross from net earnings and explain why taxes and deductions apply.

  • Additional Information1:04

    Engage with the instructor's additional information, including insights from a licensed real estate agent on buying and selling houses in America for international students.

Requirements

  • Willingness to learn
  • Critical thinker
  • Interest in personal development

Description

When a person receives their first paystub, it can be a little confusing. Paystubs tend to have a lot of information and many different sections that may be a little overwhelming at first. When I received my first paystub, I was expecting to receive an amount and was very confused when I did not get it. The reason why I did not receive the expected amount is because I was not considering deductions, such as taxes. It is very important to understand the difference between gross and net income.


The goal of this course is to help you understand the different sections of a paystub, understand the difference between gross and net income and finally introduce you to knowledge of employment taxes in the United States. The course can be taken by anyone but the course is specifically geared towards high school students, teens, youth and international students.


Lastly, I am a licensed real estate agent & a lot of the international students that take my courses end up coming to America. If you are looking to buy or sell a home in the United States, please reach out to me so I can help guide you in the buying/selling process!


I'll see you inside!

Who this course is for:

  • High school students
  • Teens
  • Middle school students
  • international students
  • foreign students