How Do You Change W-4 Tax Withholding?
The W-4 Employee’s Withholding Allowance Certificate is used by your employer to withhold federal income tax from your paycheck, and is one of the first forms you’ll complete when joining a new company. You’ll want to change your W-4 if your financial circumstances change, for example, if you get married, divorced, have a child, begin working at more than one job or buy a home. The IRS provides guidance in the W-4 package to help you figure out how many allowances to claim, and it also provides an easy-to-use withholding calculator on its website. Download the W-4 package from the IRS website, or request one from your payroll or human resources department. Using the personal allowances worksheet in the W-4 package, determine how many allowances you will claim. The more allowances you claim, the lower the amount of federal income tax is withheld from your paycheck. Review the Deductions and Adjustments Worksheet and the Two Earners / Multiple Job Worksheet to determine if you should com
