your employer withholds money from each paycheck. what is this money used for?\na to make up for hours of…

your employer withholds money from each paycheck. what is this money used for?\na to make up for hours of work you missed.\nb to pay for federal and state taxes.\nc to maintain your office building.\nd to deposit into a separate company account.

your employer withholds money from each paycheck. what is this money used for?\na to make up for hours of work you missed.\nb to pay for federal and state taxes.\nc to maintain your office building.\nd to deposit into a separate company account.

Answer

Brief Explanations:

Employers typically withhold money from paychecks for tax - related purposes. Federal and state taxes are common withholdings. It's not for making up missed work hours, office building maintenance, or depositing into a separate company account.

Answer:

B. To pay for federal and state taxes.