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NEW MEXICO HUMAN SERVICES DEPARTMENT CHILD SUPPORT ENFORCEMENT DIVISION NON-IVD INCOME WITHHOLDING PAYMENT PROCESSING The information necessary for the Child Support Enforcement Division to process

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What is wage withholding only?

Wage withholding only refers to the practice of deducting a certain percentage of an employee's wages directly from their paycheck to satisfy certain financial obligations, such as taxes or child support.

Who is required to file wage withholding only?

Employers or organizations that have employees and are obligated to deduct and remit withholdings from their employee's wages are required to file wage withholding only.

How to fill out wage withholding only?

To fill out wage withholding only, employers need to accurately calculate and deduct the appropriate amount from each employee's wages based on the applicable withholding rates and guidelines provided by the relevant tax or legal authorities. This information is typically reported on a specific form, such as the W-4 form for federal income tax withholding.

What is the purpose of wage withholding only?

The purpose of wage withholding only is to ensure that certain financial obligations, such as income tax, social security contributions, or court-ordered child support, are met. It provides a convenient and efficient method of collecting and remitting these withholdings directly from an employee's wages.

What information must be reported on wage withholding only?

Wage withholding only requires the reporting of various details, including the employee's personal information (such as name, social security number, and address), the amount withheld, the type of withholding (such as federal income tax or state income tax), and any additional information required by the relevant tax or legal authorities.

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