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The W-4 form — which is an Employee’s Withholding Allowance Certificate — is a document designed to let your employer know how much of your income to withhold for federal taxes.
The form W-1, Return of Income Tax Withheld on Wages, was the original form used to report Federal income tax withholding. In 1950, both Form W-1 and Form SS-1, which reported Social Security tax withholding, were replaced by Form 941 which is used by employers to report both income tax withholding and Social Security taxes.
Form W-4 (officially, the " Employee's Withholding Allowance Certificate ") [1] 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. The W-4 form tells the employer the correct amount of federal tax to withhold from an employee's paycheck.
Form 1040, officially, the U.S. Individual Income Tax Return, is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid to or refunded by the government.
Tax forms can be hard to fill out, especially the first few times -- so we'll take you through the process of how to complete a W-4 form.
The W-4 form — which is an Employee’s Withholding Allowance Certificate — is a document designed to let your employer know how much of your income to withhold for federal taxes.
A W-4 form is an employee’s withholding certificate. It’s an Internal Revenue Service form that tells your employer how much to deduct from your pay for federal taxes.
The Internal Revenue Service ( IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...
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