Edwina Monfort
Thursday, December 22, 2011
The withholding tax percentage is 17%. Your weekly salary is $860.00. What will be withheld for income tax?
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withheld means that a portion of the weekly income is held until taxes are due at the end of the year. This means 17% of $860 will be held. The actualy weekly cheque that the employee would receive would only be for $713.80
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