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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?​

User Dsldsl
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2 Answers

1 vote

Answer:

d. withholding

Explanation:

BRIANLIST!!

User Berthe
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Explanation:

Jeffery and Melinda are both using the process of "withholding" when they ask their employer to take out money from their paychecks for future tax filings. Withholding is a process by which employers deduct a certain amount of money from employees' paychecks and remit it to the government on their behalf. The amount withheld is based on several factors, including the employee's filing status, number of dependents, and the amount of income earned. By withholding a portion of an employee's pay, the government can ensure that taxpayers pay their taxes throughout the year, rather than waiting until the end of the year to make a lump-sum payment.

User Prashant Patel
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