How do I fill out Form W-4?

How to fill out a W-4 form

1. Step 1: Personal information. Enter your name, address, Social Security number and tax-filing status.
2. Step 2: Account for multiple jobs.
3. Step 3: Claim dependents, including children.
4. Step 4: Refine your withholdings.
5. Step 5: Sign and date your W-4.

What do I need to know for W-4?

IRS Form W-4 tells your employer how much federal income tax to withhold from your paycheck. You can also submit a new W-4 to your HR or payroll department when you have a life event that affects your taxes – e.g., getting married or divorced or having a baby – or if you paid too little or too much in taxes.

What should I claim in my W4?

Claiming Allowances on Your W-4. When you get a new job you fill out a W-4 form to help your employer calculate how much they should withhold from your paycheck in taxes. You can claim allowances on this W-4 form. On your income tax return, you generally claim an exemption for yourself and your spouse, as well as any dependents that you have.

Should I Claim 1 or 0 on my W4?

The IRS likes it when taxpayers put 0 on the W-4 form indicating that they are not claiming any exemptions. The IRS likes it less when taxpayers put 1 on any lines possible indicating that they are claiming any possible exemptions. Remember that 0 means the highest tax withheld.

What is a federal W – 4 form?

Form W-4. Form W-4 (otherwise known as the “Employee’s Withholding Allowance Certificate”) is an Internal Revenue Service (IRS) tax form completed by an employee in the United States to indicate his or her tax situation (exemptions, status, etc.) to the employer.

How should married couples fill out a W-4?

Method 1 of 3: Entering Personal Information. Download a current copy of the W-4 with instructions.