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Alisiya [41]
2 years ago
5

Explain what a ore tax deduction is

History
2 answers:
Shkiper50 [21]2 years ago
6 0

Answer:

Pretax deductions are taken from an employee's paycheck before any taxes are withheld. Because they are excluded from gross pay for taxation purposes, pretax deductions reduce taxable income and the amount of money owed to the government.

Explanation:

Effectus [21]2 years ago
3 0
Pretax deductions are taken from an employee's paycheck before any taxes are withheld. Because they are excluded from gross pay for taxation purposes, pretax deductions reduce taxable income and the amount of money owed to the government.
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