The more allowances claimed on Form W-4:
A)The less money deducted for FIT
B)The more money deducted for FIT
C)No FIT ever deducted
D)FUTA increase
E)None of these

Name: The more allowances claimed on Form W-4: A)The less money deducted for FIT B)The more money deducted for FIT C)No FIT ever deducted D)FUTA increase E)None of these
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Question

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Claiming more allowances on Form W-4 reduces the amount of federal income tax (FIT) withheld from an employee's paycheck.

The More Allowances Claimed on Form W-4