Publication 919 |
2001 Tax Year |
Introduction
The federal income tax is a pay-as-you-go tax. This means you must pay the tax as you earn or receive income during the year.
As a wage earner, you pay federal income tax by having it withheld from your pay during the year. This is your "withholding." Your withholding
is based on the number of allowances you claim when you file Form W-4, Employee's Withholding Allowance Certificate, with your
employer.
Comments and suggestions.
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Internal Revenue Service
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