Glossary
Withholding (Form W-4)
The income tax your employer takes out of each paycheck, set by the Form W-4 you file. Withhold too little and you owe at tax time; too much and you get a refund. Adjusting the W-4 changes your take-home pay.
The income tax your employer takes out of each paycheck, set by the Form W-4 you file. Withhold too little and you owe at tax time; too much and you get a refund. Adjusting the W-4 changes your take-home pay.