Final answer:
Tax information on your paycheck includes both your marital status and the number of withholding allowances you claimed, with both affecting the amount of taxes withheld from your pay for income tax, Social Security, and Medicare contributions.
Step-by-step explanation:
The tax information stated on your paycheck includes both a. your marital status and b. the number of withholding allowances (personal exemptions). When you begin a job and fill out a W-4 form, the selections you make, such as your marital status and the number of withholding allowances, will affect the amount of taxes deducted from each of your paychecks. These deductions include payments towards federal and state income taxes, as well as Social Security and Medicare, which are collectively known as payroll taxes.
The information on your paycheck also indicates your contribution towards these mandatory taxes, which are directly tied to your earnings. At the end of the tax year, these details assist in accurately completing and filing your tax-return, ensuring you have paid the appropriate amount required by the government.