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<blockquote data-quote="Kae3106" data-source="post: 1077401" data-attributes="member: 27557"><p>BF tax is used for deductions which lower your taxable wages. Examples could be traditional 401k, health insurance premiums, health savings contributions...any deductions that are considered pre-tax. So if you made $1000/check and put $100 into your 401k, your federal tax would be calculated on the remaining $900. This is why there is often a difference between your annual gross wages and the amount on your W-2. The W-2 shows the wages less these pre-taxable items.</p><p></p><p>AF tax is used for deductions which do not lower your taxable wages. Examples could be Roth 401k, legal coverage...deductions you signed up for with your benefits elections that are paid with after tax funds. So if you made $1000/check and paid $25 for supplemental legal coverage, your federal tax would be calculated on the $1000 total as you do not get a deduction for that particular item.</p><p></p><p>There are a variety of items that these could be, depending on what you signed up for. If you want specifics, ask your center to put in a payroll inquiry and they will tell you exactly what they are on your check.</p></blockquote><p></p>
[QUOTE="Kae3106, post: 1077401, member: 27557"] BF tax is used for deductions which lower your taxable wages. Examples could be traditional 401k, health insurance premiums, health savings contributions...any deductions that are considered pre-tax. So if you made $1000/check and put $100 into your 401k, your federal tax would be calculated on the remaining $900. This is why there is often a difference between your annual gross wages and the amount on your W-2. The W-2 shows the wages less these pre-taxable items. AF tax is used for deductions which do not lower your taxable wages. Examples could be Roth 401k, legal coverage...deductions you signed up for with your benefits elections that are paid with after tax funds. So if you made $1000/check and paid $25 for supplemental legal coverage, your federal tax would be calculated on the $1000 total as you do not get a deduction for that particular item. There are a variety of items that these could be, depending on what you signed up for. If you want specifics, ask your center to put in a payroll inquiry and they will tell you exactly what they are on your check. [/QUOTE]
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