0
Income tax withheld from each paycheckand sent to the state or federal government?
Wiki User
∙ 13y ago
You do NOT have any amount that is withheld from your net take home paycheck after it is issued to you. The amount that is withheld is calculated on your gross earnings for the pay period and is a advance payment of your possible future income tax liability.
After your income tax return is completed correctly and IF the amount that is withheld is more than your federal or state income liability then you will receive a refund of the over withheld amount.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Income tax withheld from each paycheck and sent tot he state or federal government?
The correct amount that was withheld for each one will be sent separately to the state and to the federal government.
Income tax withheld from each paycheck and sent to state and federal government?
Yes it is.
Is the income tax withheld from each paycheck sent to the state or federal government?
tax
Income tax withheld from each paycheck and send to the state or federal government?
tax
What is income tax withheld from each paycheck and sent to the state or federal government?
WithholdING taxes
Income tax withheld from each paycheck and sent to the state of federal government?
withholding tax
Income tax withheld from each paycheck and sent to the state or federal government?
withholding tax.
Can federal taxes withheld be tax deductible?
You cannot deduct withheld federal taxes on your federal income tax return. There are some states that allow the deduction of withheld federal taxes on the state income tax return.
Income tax withheld from each paycheck and sent to the state or federal government is called what?
WithholdING taxes
What is the term for income tax withheld from each paycheck and sent to the state or federal government?
Withholding Tax
What percentage of income is withheld for social security by the federal government?
Social Security also known as FICA is taxed at 6.2% of income. Medicare is taxed at 1.45%.
What is the amount of federal income taxes withheld recorded as?
$1
