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Results tagged with withholding
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user 45740
related to the practice, at times required by law, of deducting money upfront before paying the balance. Generally used in the context of taxes.
21
votes
Does owing taxes or getting a tax refund imply my paycheck is off?
I would expect that your employer withholds correctly in that it complies with the Internal Revenue code, and particularly the regulations for calculating and withholding taxes published annually in IRS … If you want your withholding to be closer to your exact per-check tax liability than the approximation given by your number of allowances, you can fine-tune the withholding amount by filling in a dollar …
- 1,997
7
votes
What does "Spouse Works" mean in W-4 form?
This block is to determine whether taxes should be withheld as if the job for which you are filling out the W-4 is your only household income, or whether there are multiple jobs contributing to househ …
- 1,997