asked 126k views
1 vote
What is another term that means withholding

A) gross income
B) payroll deductions
C) taxable income
D) allowances

1 Answer

2 votes

Answer:

B) payroll deductions

Step-by-step explanation:

To withhold a payment implies abstaining or avoiding to pay. If an employer withholds some payments, it means that the employee will not receive the withheld amount.

When employers withhold taxes and other deductions, it means the employee will not be given the tax amount. The employer will deduct that amount from the employee pay and forward it to the tax agency. Withholding, in this sense, is payroll deductions.

answered
User The Mitra Boy
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