The amount of income tax deducted from Sheryl's salary needs to be changed. She should speak with her employer and complete a new: W-4 form
An income tax is a charge levied against people or organizations (taxpayers) in relation to their earnings (commonly called taxable income). In most cases, income tax is calculated as the sum of the tax rate and the amount of taxable income. The type of taxpayer and the type of income are two factors that can affect the tax rate.
As taxable income rises, the tax rate could rise as well (referred to as graduated or progressive tax rates). The tax imposed on businesses is typically referred to as corporate tax and is frequently assessed at a flat rate.
To know more about income tax
https://brainly.com/question/26316390
#SPJ4
