W-4
Classified as a Employee's Withholding Allowance Certificate, the W-4 determines how taxes (Federal Withholding Taxes) will be deducted from an employee's paycheck.
INSTRUCTIONS & TIPS HOW TO FILL OUT A W-4 FORM
1. Fill-in/Supply your name, address, and social security number.
2. Select the appropriate box depending on your marital status (married, single, etc.).
3. Calculate the number of withholding allowances to claim. In most instances, this number is the same amount of personal exemptions the person claims on their tax return (Line 6d on 1040A or 1040).
4. Those with multiple jobs, who have a spouse who works, or itemize their deductions, should use the worksheet on Form W-4 page 2. Rather than relying on personal exemptions, these individuals should use this worksheet to calculate the number of allowances to claim.
5. Those with multiple jobs, would claim zero allowances at their second job. By claiming zero, the highest amount of tax will withheld (Exempt and zero are not the same.
6. By claiming more than 9 allowances, employers may be required to send your W-4 to the IRS for review.
7. Exempt status from income tax withholding is only if your income for the year will be less than $800. If designated as exempt, skip lines 5 and 6, and write "EXEMPT" on line 7.
8. Employers will fill out lines 8, 9, and 10.
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