Question

Tax withholding is money that:

Answer 1

Tax withholding can be described as the money that: D. your employer sends to the government for your taxes.

What is Tax Withholding?

Tax withholding can be defined as the set amount of an employee's income that is withheld from the paycheck of the employee by their employer, of which the employer pays to the government directly in the name of the employee.

Thus, it is in the name of the employee that the withholding tax is taken as credit against their annual income tax bill.

Conclusively, tax withholding can be described as the money that: D. your employer sends to the government for your taxes.

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