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Www Esd Whs MilPortals54RETIREE CHANGE of ADDRESS REQUESTSTATE TAX WITHHOLDING  Form

Www Esd Whs MilPortals54RETIREE CHANGE of ADDRESS REQUESTSTATE TAX WITHHOLDING Form

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nick rosado tax attorney with your quick tax tip as we've seen employers withhold money from employees paychecks which is then remitted to the government these amounts are pre-payments of income tax that will ultimately be used to satisfy your tax liability which will be legally assessed when you file your income tax return in the following year the timing of this needs to be illustrated for clarity as an employee when you receive your first paycheck of the year in january 2022 your employer withheld some of your pay as an estimated tax payment for 2022. then throughout 2022 your employer will continue to withhold estimated taxes from each paycheck then in april 2023 when you file your federal income tax return for the 2022 tax year you'll advise the government of your true tax liability and the payments your employer made for you throughout 2022 will be applied

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