Question

ECONOMICS

Which information is included on a W-4 tax form?

A. Average income tax paid over the past five years

B. Proof that an employee can legally work in the country

C. The number of dependents an employee will claim

D. Total earnings and tax deductions from an employer

Answer 1

C. The number of dependents an employee will claim

Step-by-step explanation:

The number of dependents an employee will claim is the information is included on a W-4 tax form. This W-4 form let the employers know how much tax to withhold from their paycheck based on the employee's marital status, number of dependents, etc. Increasing the number of allowances on the form decreases the amount of money withheld from the paycheck of that employee.