The amount of federal income tax withheld from an employee during the year is determined by the employee's:
A)W-4 form.
B)W-2 form.
C)1040 form.
D)None of these answers are correct.

Question

Quizplus · Accepted Answer

The W-4 form is what an employee fills out to indicate to their employer how much federal income tax should be withheld from their paychecks. Information such as number of dependents and marital status are taken into account when determining the amount of tax to be withheld. The W-2 form is given to the employee at the end of the year and shows how much they earned and how much was withheld for taxes. The 1040 form is used by individuals to file their tax return and report their income and any tax owed or refund due. Therefore, A is the correct answer.

The Amount of Federal Income Tax Withheld from an Employee