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  • 15-10-2021
  • Business
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federal income tax liability exempt meaning

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5294471
5294471 5294471
  • 15-10-2021

Answer:

When you file as exempt from withholding with your employer for federal tax withholding, you don't make any federal income tax payments during the year. ... You owed no federal income tax in the prior tax year, and. You expect to owe no federal income tax in the current tax year.

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