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Masteriza [31]
3 years ago
9

When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.

Business
2 answers:
maksim [4K]3 years ago
5 0
Letter D. W-4 is the answer to your question.
loris [4]3 years ago
5 0

<u>The option (D) is correct. </u>

<u>When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the W-4. </u>

Further Explanation:

The purpose of W-4 form:

The employer has the liability to pay the income tax from the side of the employee. When an individual starts or changes the job, the employer has to ensure the amount of the salary that has to be withheld for income tax. So, the employer can pay from the side of the employee.  

The employee has to fill W-4 form to in order to ascertain the amount of income tax payable and then submit it to the employee. The employee will seize the income tax amount from the salary of the employee and pay it to the federal government. The assessment of the withholding amount should be made periodically for the accurate assessment of the tax liability.

<u>The employee has to fill form W-4 to determine the income tax amount that should be withheld by the employer from his/her paycheck. </u>

Learn more:

1. Learn more about the tax on the sale of an asset

<u>brainly.com/question/2617534 </u>

2. Learn more about the income tax

<u>brainly.com/question/2996312 </u>

3. Learn more about the excise tax

<u>brainly.com/question/8827242 </u>

Answer details:

Grade: Senior School

Subject: Taxation

Chapter: Income Tax

Keywords: starting, job, form, determine, tax, withhold, paycheck, 1040EZ, 1099, W-2, W-4, income tax, TDS.

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Explanation:

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You go to the electronics store to buy 3 CDs. Each CD’s original cost is $9.99. You have a coupon for 10% off and the sales tax
g100num [7]
$28.59 is your answer happy to help (:
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Upper management of a clothing store in the mall has decided that a good way to motivate employees is to consult with them about
sergey [27]

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Consider the following analysis.

Explanation:

The manager's assumption is that the employee work only for their own benefits and they need immediate punishment for poor work, intermediation, and minute-level supervision. This proves that he uses Theory X.

The upper management, on the other hand, is trying to initiate consultation with the employees before bringing out any improvement plan in the business process. This type of management style implicitly assumes that the employees are motivated and self-directed. This is Theory Y.

So, the first option should be correct.

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Which of the following statements is correct regarding the predictability of analytical procedures in a financial statement audi
Pie

Answer:

The answer is letter B

Explanation:

Relationships involving income statement accounts tend to be more predictable than relationships involving only balance sheet accounts.

Because analytical procedures are evaluations of financial information made by study of plausible relationships among financial and nonfinancial data using models that range from simple to complex.  The reason is that income statement amount is based on transactions over a period of time, but balance sheet amounts are for a moment in time. Moreover, amounts subject to management discretion tend to be less predictable.

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Get Smart University is contemplating an increase in tuition to enhance revenue. If GSU feels that raising tuition would enhance
AlladinOne [14]

If GSU feels that raising tuition would enhance revenue, it is assuming that the demand for university education is inelastic.

  • The quantity of a good that consumers are willing and able to buy at different prices during a specific time period is known as demand in economics. The demand curve is another name for the relationship between price and quantity demand.
  • A change in demand whose percentage is less than a change in price. Demand is said to be inelastic, for instance, if the price of a good increases by 25% but drops in demand by just 2%.
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To learn more about Demand, refer: brainly.com/question/1245771

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