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Home > QFINANCE Dictionary > Definition of federal income tax

Definition of

federal income tax

Tax

deductions from employees' pay funding US government in the United States, money deducted from employees' salaries in order to fund Federal services and projects

Definitions of ’federal income tax’ and meaning of ’federal income tax’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’federal income tax’ and other financial terms with our online QFINANCE Financial Dictionary.

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