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FITW

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AcronymDefinition
FITWFederal Income Tax Withholding/Withheld


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Voluntary Withholding Agreements Even if an employer takes the position that the differential payments are not wages for FITW, FICA tax, and FUTA tax purposes, it may still want to consider asking reservists whether they would like to elect voluntary withholding from the payments.
The PEO will maintain employee pay records, pay the employees and make tax deposits for FITW, FICA, Medicare, and federal and state unemployment.
 
 
 
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