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15. November 2016 · Write a comment · Categories: Uncategorized

What Do They Mean By Withholding Allowance
Each taxpayer is allowed to claim a withholding allowance, which exempts a certain amount of wages from being subject to WITHHOLDING. The allowance is designed to prevent too much taxes being withheld from a taxpayers wages and a person can compute this by completing form W-4 and submitting it to their employer.
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