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Voting Question: The more allowances claimed on Form W-4: The more money deducted for FIT No FIT ever deducted FUTA increase?

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  • Voting Question: The more allowances claimed on Form W-4: The more money deducted for FIT No FIT ever deducted FUTA increase?


Answers

Answer #1 | 17/12 2013 15:04
USA answer, no, the opposite. 0 allowances is the most withheld. The formula is in IRS publication 15. FUTA is not an employee expense, it is paid by the employer only and is a percentage of the wages paid.
Answer #2 | 17/12 2013 20:46
Why are you asking this in United Kingdom?

Possible answer

Anonymous594877
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