BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A W-4 is given to you by an employer ____
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -W4 Employer Responsibility Employers can protect themselves and help employees by providing W-4 instructions along with the form.
Detailed explanation-2: -Form W-4 tells you, as the employer, the employee’s filing status, multiple jobs adjustments, amount of credits, amount of other income, amount of deductions, and any additional amount to withhold from each paycheck to use to compute the amount of federal income tax to deduct and withhold from the employee’s pay.
Detailed explanation-3: -The W-4 Form is the IRS document you complete for your employer to determine how much should be withheld from your paycheck for federal income taxes and sent to the IRS.
There is 1 question to complete.