Whether the wage-bracket method or some other method is used in computing the amount of tax to be withheld,the sum of the taxes withheld from an employee's wages is only an approximation of what the employee's actual taxes will be for the year.

Question

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The amount of tax withheld from an employee's wages is based on an estimate of their annual income and deductions. It does not take into account any changes in their financial situation or tax laws that may affect their actual tax liability. Therefore, the amount withheld is only an approximation of what the employee's actual taxes will be for the year.

Whether the Wage-Bracket Method or Some Other Method Is Used