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Who is a withholdee?

Updated: 5/1/2024
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13y ago

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A withholdee is an individual who receives withheld payments, such as taxes or an amount deducted from earnings by an employer or financial institution, before the funds are delivered to the appropriate government agency or entity. The withholdee is responsible for transferring the withheld funds to the designated recipient on behalf of the withholdor.

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2w ago
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