Withholding Allowance

Description and Definition of Withholding Allowance

Your withholding allowance is the total number of allowances or exemptions you claim on your Form W-4. The more allowances you claim the less income tax will be withheld. Generally, you claim one allowance for yourself, your spouse, and each of your dependents.

Resources

See Also

Further Reading

• Withholding Allowance in the West's Tax Law Dictionary
• Withholding Allowance in “A Dictionary of Taxation”