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What is payroll withholding?

User Kknd
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2 Answers

4 votes

Answer:

Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees.

Federal and state income tax, Social Security tax, and Medicare tax may be withheld from employees' paychecks.

Step-by-step explanation:

User Benji Lees
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8.3k points
3 votes

Answer :

Federal and state income tax, Social Security tax, and Medicare tax may be withheld from employees' paychecks.

User Abalos
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