What does the term withholding mean in reference to your paycheck?.

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asked Mar 5, 2023 225k views

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Jwhat · Answer 1 · 2023-03-11T16:28:50+0000

Answer:

Withholding is a portion of an employees paycheck that is withheld and redirected to state and federal government. Withholding reduces the amount of tax employees must pay when they submit their annual tax returns.

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What does the term withholding mean in reference to your paycheck?.

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