Browse benefits, reimbursements and voluntary deductions.
LMG is an internal label sometimes associated with a land or housing mortgage. It is not a standard payroll tax and should not be expanded without the employer’s legend.
Employer-specific label: this is a possible interpretation. Confirm the full meaning in the codebook for the employer that issued your statement.
How to read this entry
Use the possible interpretation Land or housing mortgage payment alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.
Example on a pay statement
A $200 mortgage-related deduction should match the authorised payment to the relevant lender or housing arrangement.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Identify the agreement, recipient and whether the payment is split across paydays.
Compare related entries
Read the benefits, reimbursements and voluntary deductions guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.
Reference and scope
Official guidance on benefits, reimbursements and voluntary deductions provides background on the underlying rules. It does not validate an individual employer’s internal abbreviation.