BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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All employees must reportt heir withholding allowances on a
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payroll register
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memorandum
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Form W-4
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Form W-2
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Explanation:
Detailed explanation-1: -Employees fill out a W-4 form to inform employers how much tax to withhold from their paychecks. The amount withheld is based on filing status, dependents, anticipated tax credits, and deductions. If the form is filled out incorrectly, you may not pay enough income tax throughout the year.
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