What is IRS Form W-4 and How to Fill it Out

 

w4 withholdings formIRS Form W-4 is a necessary form for changing your withholding limits. Withholding is when your employer will keep a portion of your paycheck for the purposes of using it to pay your tax bill at the end of the year.

Smart taxpayers will take advantage of the W4 withholding calculator to ensure they don’t get hit with a large tax bill they can’t pay the following spring.

Here’s what you need to know about Form W-4.

What is Form W-4 in a Nutshell?

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