What is net pay? Net pay is the amount of money employees earn after payroll deductions are taken from gross pay. These includes taxes, benefits, wage garnishments and other deductions.

Understand net income: its definition, calculation method, and its critical role in business decisions and tax reporting.

For an employee, net income — also called net pay — is simply how much they end up with from each paycheck, as opposed to their gross pay.

Learn about the differences between gross profit and net profit and how they contribute to understanding a company's financial performance.

Learn about FICA taxes, including Social Security and Medicare, and how they impact your paycheck. Understand the current ...

Your pay stub illustrates the pathway from the gross income amount to the final net income total. But to get to that total, your earnings pass through a series of taxes, deductions and fees.