What Is A W-4 Tax Form And What Is It Used For? Line Stories • 20M Views/Week Useline.Com - File Your Taxes For Free
A W-4 Form Determines How Much Income To Withhold From Paychecks For Taxes.
It Is Formally Titled "Employee'S Withholding Certificate".
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Employers Use W-4 To Calculate Payroll Taxes And Remit The Taxes To Irs.
It Will Help You Avoid Overpaying Your Taxes Throughout The Year.
Withholding Less Or More From Paycheck Could Lead To Paying More Or Less Taxes.
It Provides Information To Employers On How Much To Withhold From Your Paychecks.
As A Result The Irs Collects Federal Income Tax From You In A Timely Manner.
