Browse health, insurance and disability deduction codes.
TPT may identify taxable sick or disability pay from an insurer or another third party. Payroll may report it without issuing the actual cash payment.
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 Third-party sick pay reported as taxable 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
If an insurer paid $900 directly and payroll shows TPT $900 as reporting information, it does not automatically mean another $900 employer payment is due.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Match the insurer payment and any withholding with the employer’s reporting to avoid double-counting income.
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.