Explanation:
State taxes is the tax to be paid to the State Government. This amount will be deducted from wages or salaries and paid within a certain days to the Government
Overtime pay is not at all a deduction at all but an addition to the pay for extra hours worked due to pressure of work or any other reason.
Federal taxes are taxes to be paid hence deductions from salaries
Benefits are priveleges given in terms of money and hence will be added to salaries or wages.
Payments for investments are the amount employee wants to set aside for future use like Provident fund, etc. This is also deduction.
The deductions are:
State taxes
Federal taxes
Payments for investments