quiz question 1 of 6 what is withholding tax? select a response. money an employer deducts from an employees…
quiz question 1 of 6 what is withholding tax? select a response. money an employer deducts from an employees wages to pay to the government. money that is used to pay for an employees health insurance benefits. money that is used to contribute to an employees retirement 401(k) plan. money that the employee receives after deductions are taken out of a paycheck.
Answer
Brief Explanations:
Withholding tax is the amount an employer deducts from an employee's wages and pays to the government on the employee's behalf for income - tax and other tax obligations.
Answer:
Money an employer deducts from an employee's wages to pay to the government.