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overwithhold

[oh-ver-with-hohld, -with-] /ˌoʊ vər wɪθˈhoʊld, -wɪð-/
verb (used with object), overwithheld, overwithholding.
1.
to withhold too much.
2.
to deduct (an amount in withholding tax) in excess of the tax to be paid.
verb (used without object), overwithheld, overwithholding.
3.
to withhold oneself excessively.
4.
to deduct too much withholding tax.
Origin
1970-1975
1970-75; over- + withhold
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for overwithhold
  • Households in our study prefer to overwithhold and state that they are likely to use split refunds.

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