What type of income does a pay stub detail?

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A pay stub provides a detailed account of wages earned and deductions taken for a specific pay period. It includes information such as gross income before deductions, withholding for taxes, Social Security, Medicare, and any other deductions like health insurance or retirement contributions. This breakdown is crucial for employees to understand how much they have earned and what amounts have been withheld from their paychecks.

The other options do not accurately reflect the content of a pay stub. Annual benefits received would typically be summarized in a different format, taxes owed are reported in other forms like a tax return, and residency status is not a financial item found on a pay stub. Overall, a pay stub's primary function is to summarize earnings and deductions for a defined timeframe, making it a key document for employees to review for accuracy and financial planning.

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