A situation in which an individual has had too much income tax withheld from his/her salary, and will typically receive a refund after filing. opposite of underwithholding.
Related information about overwithholding:
- What is overwithholding? definition and meaning
Definition of overwithholding: A situation in which an individual has had too much income tax withheld from his/her salary, and will typically receive a refund after ...
- 13 basic tax lessons
Overwithholding is bad. Underwithholding is bad. Tips to differentiating your income. Different dollars have different rates. Itemizing isn't always necessary.
- Overwithholding - Financial Dictionary - The Free Dictionary
... Overwithholding. Deducting and paying too much tax that may be refunded to the taxpayer or applied against the next period's obligation.
- overwithholding - The Free Dictionary
o·ver·with·hold ( v r-w th-h ld , -w -). v. o·ver·with·held (-h ld ), o·ver·with·hold·ing, o ·ver·with·holds. v.tr. 1. To deduct (an amount in withholding tax) beyond the tax ...
- What is Overwithholding?
Brief and Straightforward Guide: What is Overwithholding?
- Overwithholding Definition | Investopedia
Overwithholding can apply to both income and Social Security taxes. Any amount of overwithholding is sent back as a refund to the taxpayer after he or she has ...
- Inertia and Overwithholding: Explaining the Prevalence of Income ...
Previous studies have offered two main explanations for overwithholding: .... example, the prevalence of overwithholding has been cited as evidence of time' ...
- Inertia and Overwithholding - Personal Web Pages - University of ...
Inertia and Overwithholding: Explaining the Prevalence of. Income Tax ... Previous studies have offered two main explanations for overwithholding: precaution- ...