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Section: Withholding definition
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Withholding , in general, usually refers to a deduction of money (as ' withholding tax ') from an employee's wages or salary by an employer, for projected or actual Income tax liabilities, see:

 

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More must know tax terms
CPA - Certified Public Accountant
federal income tax
(AGI) Adjusted Gross Income
Tax credits
Deductable

Standard Deductions

Itemized Deductions
Exemption

Progressive Taxation

Taxable Income
Voluntary Compliance
Withholding