How do I claim EXEMPT status from federal or state withholding?
Claiming exempt from withholding means that you expect to have no tax liability on your personal tax return at the end of the year. To claim exempt from federal withholding, you need to fill out a W-4 Form and write the word “EXEMPT” on line 7. See instructions on form W-4 and NC-4 for more details, and to determine if you qualify to claim “exempt.” You must renew your exemption status every calendar year by February 15; otherwise taxes will be deducted. It is your responsibility to re-file as necessary. We cannot provide tax advice, so please refer to IRS instructions on their web site for further details.
