Confused about ytd (year to date)

[mosaud1998]

There are 2 different ytds. Which is starting to confuse me. I spoke to my manager but he didn't give me a clear answer. Maybe someone here can.

So the YTD shown on my check is around $27k/gross. I've been at the job for 4 months. The YTD shown on the YTD Compensation (what's YTD compensation...) with Emplyeer paid taxes added is $29k/gross.

Which YTD should I follow? The one on my paycheck or the compensation one?

 

[dareo]

Employer paid fica taxes dont really matter. What will matter is what your W2 ends up stating.

 

[ZeeOSix]

Which YTD should I follow? The one on my paycheck or the compensation one?

It's showing YTD totals for different things, like gross pay (your salary) and YTD "compensation" which includes other benefits (like insurance coverage etc that the company pays) beside your acutal salary.

 

[opus1]

Some employers like to call the extra items under YTD compensation your 'hidden paycheck'.

 

[Warstud]

So the YTD shown on my check is around $27k/gross. I've been at the job for 4 months.

Sounds like you landed a pretty good job.

 

[mosaud1998]

Sounds like you landed a pretty good job.

sales

 

[blupupher]

Some employers like to call the extra items under YTD compensation your 'hidden paycheck'.

Yup, they are just letting you know how much they are "paying" you including the employer paid stuff.
My work sends out an annual statement showing how much more we make because of what they contribute.