How Do You Fill Out Form W-4?
Use Form W-4 to figure the right amount of federal income tax to have withheld from your paycheck. You may want to review your withholding every year, especially after finishing your tax return. You can have more, or less, income tax withheld from your paycheck. What’s a Withholding Allowance? It represents your total tax deductions divided by the personal exemption rate. The withholding allowance is related to, but not the same as, the number of dependents you can claim on your tax return.Difficulty: EasyTime Required: 10 minutesHere’s How: • Download Form W-4 from the IRS website. This form is in a PDF format, and you can type your information on your computer before printing it out. • Provide your name, address, and Social Security Number. • Check the box for married or single, depending on your marital status. • Calculate how many withholding allowances to claim. For most people, this is the same as th
