Browse health, insurance and disability deduction codes.
PTX is an internal label. A partner-benefit reimbursement or tax adjustment is one possible interpretation, but it should not automatically be expanded as Medicare reimbursement.
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 Partner-benefit tax or reimbursement adjustment 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 benefit-related tax gross-up can add wages to offset tax on another benefit. Its amount need not equal the premium or the benefit value.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Request the full description, the underlying benefit and any gross-up calculation.
Compare related entries
Read the health, insurance and disability deduction codes 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 health, insurance and disability deduction codes provides background on the underlying rules. It does not validate an individual employer’s internal abbreviation.