Define federal income tax
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system administered by the IRS which collects money based on earned income. Federal income tax is collected through a withholding process where the employer deducts tax from the employee payroll. Extended Definition. Federal income tax is a tax on income and is imposed by the U.S. federal government.
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HEY MATE HERE IS YOUR ANSWER,,,,,
A federal income tax is a tax levied by the United States Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts and other
legal entities.
HOPE IT WILL WORK. MARK IT BRAINLIEST AND LIKE IT.
A federal income tax is a tax levied by the United States Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts and other
legal entities.
HOPE IT WILL WORK. MARK IT BRAINLIEST AND LIKE IT.
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