Definition The amount of exemptions that an employee claims on his/her W-4 form. Employers use this information to determine how much money should be deducted from the individual's pay check for [..]

An amount chosen on your Form W-4 which tells your employer how much money to withhold from your paycheck for taxes.

Each taxpayer is allowed to claim a withholding allowance, which exempts a certain amount of wages from being subject to WITHHOLDING. The allowance is designed to prevent too much taxes being withheld [..]

The amount of money that an employer withholds from an employee's paycheck. This money is deposited for the government on behalf of the individual taxpayer. (It will be credited against the emplo [..]

Withholding allowance is a value that a taxpayer claims on the IRS W-4 Form.   The allowance value, in part, determines how much money is withheld from the taxpayer's earnings. A higher allowanc [..]

A withholding allowance by an employee reduces the amount of wages subject to federal income tax withholding. An employee can claim the number of withholding allowances that they are entitled to based [..]

An allowance an individual claims on a W-4 Form. It is mainly used to assist an employer in calculating the amount of income tax to withhold from an employee's paycheck. The more allowances you w [..]