Withholding
Your employer takes out a certain amount from your check for the government. You are credited for these taxes when you file your return. This money is used to pay for your federal income taxes, federal social security, and Medicare taxes, and state and local income taxes.
See Also:
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| Client Owed | $ 165,000 | $ 120,000 | $ 140,000 |
| Settled | $ 15,000 | $ 5,000 | $ 36,000 |
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| Client Owed | $ 80,000 | $ 70,000 | $ 70,000 |
| Settled | $ 19,500 | $ 4,000 | $ 7,500 |
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| Client Owed | $ 60,000 | $ 65,000 | $ 50,000 |
| Settled | $ 2,500 | $ 3,500 | $ 6,000 |
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| Client Owed | $ 45,000 | $ 26,000 | $ 26,000 |
| Settled | $ 1,200 | $ 1,855 | $ 4,200 |
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| Client Owed | $ 13,000 | $ 50,000 |
| Settled | $ 1,200 | $ 6,000 |
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© Copyright 2002-2006, Law Offices of Alex Gluzman
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