- overwithholding
- deducting and paying too much tax that may be refunded to the taxpayer or applied against the next period's obligation. Bloomberg Financial Dictionary
Financial and business terms. 2012.
overwithholding
Look at other dictionaries:
Overwithholding — A generic term referring to an excess amount of tax being withheld for an employee or retirement plan participant throughout the year. Overwithholding can apply to both income and Social Security taxes. Any amount of overwithholding is sent back… … Investment dictionary
overwithhold — /oh veuhr with hohld , widh /, v., overwithheld, overwithholding. v.t. 1. to withhold too much. 2. to deduct (an amount in withholding tax) in excess of the tax to be paid. v.i. 3. to withhold oneself excessively. 4. to deduct too much… … Universalium
недовычет — Ситуация, когда у налогоплательщиков вычитают из заработной платы слишком мало федеральных, штатных или местных подоходных налогов. По этому случаю налогоплательщики могут задолжать большие суммы подоходного налога, когда они будут заполнять… … Финансово-инвестиционный толковый словарь
