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AGL 149 Withholding Election Non Periodic & Taxpayer Identification Number 3 14 DOC  Form

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nick rosado tax attorney with your quick tax tip the tax code requires employers to collect and remit their employees estimated income tax at the source the source in this case being the employee's paychecks how much the employer withholds is based in part on the employees decisions that's because the tax laws allow employees a withholding allowance based on certain factors this withholding allowance is based on the employee's marital status eligibility for the child tax credit other income sources and whether the employee intends to take itemized deductions employees can also choose to withhold additional taxes perhaps because their taxes tend to be higher than what is usually withheld employees can also choose to be exempt from withholding if they had no tax liability in the prior year and anticipate no tax liability in the current year

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