Please help
2007-06-07 10:37:06 · 6 answers · asked by DaKing 1 in Business & Finance ➔ Taxes ➔ United States
It's a form your employer needs for you to fill out so that they can withhold the correct amount of federal taxes from your paycheck. Please ask your personnel department to go over it with you so that you make the right selection for your situation.
2007-06-07 10:41:35 · answer #1 · answered by Babs 4 · 0⤊ 0⤋
It is a form that your employer gives YOU to fill out. The instructions are on the form. It is the determining factor with regard to how much is held out of each paycheck for taxes.
2007-06-07 17:44:18 · answer #2 · answered by Rick F 2 · 0⤊ 0⤋
A W-4 is used so your employer knows how much tax to withhold from your paycheck based on your earnings for the pay period.
2007-06-07 18:39:10 · answer #3 · answered by Steve 6 · 1⤊ 0⤋
The W-4 tells your employer how much to withhold for Federal income tax.
2007-06-07 17:56:47 · answer #4 · answered by STEVEN F 7 · 1⤊ 1⤋
You get a W-4 when you get a new job and it provides how much tax will get withheld from your salary.
What circumstance allowed you to need to know what a W-4 was? If you knew it was a tax form, why didn't you call an accounting office or a place like H&R Block?, dammit.
2007-06-07 17:44:38 · answer #5 · answered by rolfsmitherines 3 · 0⤊ 3⤋
It helps determine how much taxes are taken out of your paycheck depending on how many dependants or exemptions you claim.
2007-06-07 17:46:04 · answer #6 · answered by latinlady_27 2 · 0⤊ 0⤋