An employee of ours want to be exempt for the remaing 2 paychecks of the year. Can he fill out a 2007 W-4?
2006-12-06 06:44:04 · 3 answers · asked by pulchritudinous 6 in Business & Finance ➔ Taxes ➔ United States
I don't think it's changed any, so you'd probably be OK. The purpose of the form is just to figure out how much to withhold. Use the 2006 tables though to figure his withholding. Or since he's claiming exempt, he wouldn't have any for federal, although would still have social security, and state and local if applicable.
If he wants to go back to normal withholding at the beginning of 2007, he'll have to fill out another one.
2006-12-06 06:51:30 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
No you can not use 2007. The w-4 tends to change and every years something is different. I can email you a 2006 if you'd like.
2006-12-06 14:53:28 · answer #2 · answered by esanju20022002 2 · 0⤊ 1⤋
Employers are no longer required to submit W-4s to the IRS. Even if they use the wrong form, or make up their own, the number of allowances is the only thing that really matters. This tells them how much to withhold. The only thing the IRS sees inf the 'check' for the amount withheld.
2006-12-06 20:07:18 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋