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    • #11679 Reply
      accountinglads
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      Form W-4 is a tax form that employees are supposed to fill so that the employer can deduct the right amount of federal income tax on the paycheck of the employees. The data you present tax status, dependents, optional adjustments, etc. are used to calculate the level of tax withholding. A well filled W-4 gets you out of paying too much at the end of the year or getting the huge refunds. The employees are expected to revise the form whenever significant life changes such as marriage, divorce, or acquisition of a child occur. It is also advisable to have your withholding reviewed periodically so that it matches your estimated additional tax to avoid making a shocking discovery when you prepare your tax return.

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