Title: Analyze a paystub.
Course: Operating the Farm Business (18301-III) > Section: Developing and Analyzing Agricultural Production Records

Analysis should include definitions of terms used on paycheck stubs, such as

- income taxes (state and federal)
- Medicare insurance
- Social Security
- Federal Insurance Contributions Act (FICA).

Process/Skill Questions:

- What is FICA?
- What is the purpose of the Social Security deduction?
- How would a business owner determine deductions that should come out of an employee paycheck?