jeffery asks his employer to take out money out of every paycheck for future tax filings. because jeffery…

jeffery asks his employer to take out money out of every paycheck for future tax filings. because jeffery has a wife and two kids, he sets aside a different amount than his colleague melinda who is single with no dependents. what process are jeffery and melinda both using when they ask their employer to take out this money?\n\na. estimated payments\n\nb. filing taxes\n\nc. auditing\n\nd. withholding

jeffery asks his employer to take out money out of every paycheck for future tax filings. because jeffery has a wife and two kids, he sets aside a different amount than his colleague melinda who is single with no dependents. what process are jeffery and melinda both using when they ask their employer to take out this money?\n\na. estimated payments\n\nb. filing taxes\n\nc. auditing\n\nd. withholding

Answer

Brief Explanations:

Withholding is the process where employers take out money from employees' paychecks for tax - related purposes. Estimated payments are made directly by taxpayers, filing taxes is the act of submitting tax returns, and auditing is an examination of tax records.

Answer:

D. withholding