asked 210k views
2 votes
What is payroll withholding?

asked
User Kknd
by
9.1k points

2 Answers

4 votes

Answer:

Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees.

Federal and state income tax, Social Security tax, and Medicare tax may be withheld from employees' paychecks.

Step-by-step explanation:

answered
User Benji Lees
by
8.3k points
3 votes

Answer :

Federal and state income tax, Social Security tax, and Medicare tax may be withheld from employees' paychecks.

answered
User Abalos
by
8.4k points
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