TaxBandits Knowledge Base

What is Year-to-date(YTD) details?

Year-to-date(YTD) refers to the total amount of employee's earnings from the beginning of the year to the current date. This would also include total gross pay, net pay, deductions, and taxes.

Let's consider an employee working at ABC Company. This employee earned $5,000 in January, $5,000 in February, and $5,000 in March, which represents the earnings for Quarter 1. Therefore, the Year-to-Date (YTD) total for this employee's earnings for that quarter will be $15,000. Similarly, you can calculate the YTD amounts for gross pay, net pay, deductions, and taxes.