Discover new knowledge and insights with IDNLearn.com's extensive Q&A database. Get accurate and detailed answers to your questions from our knowledgeable and dedicated community members.
What two things affect the percentage of federal taxes withheld from your paycheck?
The Tax Cuts and Jobs Act changed the way tax is calculated. For employees, withholding is the amount of federal income tax withheld from your paycheck. The amount of income tax your employer withholds from your regular pay depends on two things: The amount you earn. The information you give your employer on Form W–4.
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Your questions deserve reliable answers. Thanks for visiting IDNLearn.com, and see you again soon for more helpful information.
