Which of the below allowances would have the least amount of taxes withheld for federal income tax purposes?
A)S-1
B)S-0
C)S-3
D)S-2

Name: Which of the below allowances would have the least amount of taxes withheld for federal income tax purposes? A)S-1 B)S-0 C)S-3 D)S-2
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Question

Quizplus · Accepted Answer

The more allowances claimed, the less tax is withheld. S-3 means claiming three allowances, which results in the least amount of taxes withheld compared to S-0, S-1, or S-2.

Which of the Below Allowances Would Have the Least Amount