Question

An employee's withholding allowances are entered on the ______ form. a. W-2, b, W-4, c. I-9, d. ED-44. QBO

Answer 1

ANS: B. W-4 FORM

EXPLAINATION:-

W-4 form (employee's withholding allowance certificate)

If you work in the United States, you are required by federal law to pay federal income tax. Unless you are hired as an independent contractor, your employer will use information you provide to fill out the W-4 form and withhold the correct amount of income tax from your pay. Issued by the Internal Revenue Service, Form W-4 includes three types of information your employer will use to determine your withholding:

1. Whether to withhold at the single rate or at the lower married rate
2. How many withholding allowances you claim (each allowance reduces the amount withheld)
3. Whether you want an additional amount withheld