There are a few nuances when it comes to filling out IRS Form W-4 for a new job. For instance, if you withhold too much, you can end up with a large refund. If you withhold too little, you can create a balance due and potentially an underpayment penalty. Check out our step-by-st...
This happens despite the fact that there are significant things that can occur in any given year that might influence how you fill out a W-4. We’d argue that reviewing Form W-4 annually is an excellent habit for just about anyone, even if it’s not a federal requirement. In this pos...
The W-4 Form changed significantly a few years ago, and it was the first major revamp in 30 years. The changes were meant to make the form more straight forward and accurate. But your first time filling it out could still be confusing, especially if you’ve been using the old form for...
If you usually get a tax refund, but would like to start putting more money in your pocket every month, we can help. Yes, you still have to fill out a W-4 form. But we've developed a quick and easy guide to assist you.
1. What is a W-4 form? 2. How to find a W-4 form 3. Filling out a W-4 online 4. Can a W-4 be signed electronically? 5. How to submit a W-4 share this postThere’s nothing worse than paying too much – or too little – tax. Getting it wrong means you may be landed ...
Subscribe You may also be interested in: Federal Income Tax Withholding Tables 2025: Updates and What to Know New W-4 Form: IRS Makes Minor Changes to 2025 Form, Allowances Still Out State W-4 Forms: Don’t Forget to Collect from New Hires...
Below, we’ll walk you through how to fill out your W-4, step by step. Step 1: Fill out your personal information This is where you’ll input your name, address, and Social Security number. If you’re a single filer, all you need to do is sign and date the form. Other taxpayers...
Form W-4 was updated in 2020, eliminating allowances. If you're filing as a single person with one or more dependents, you'll need to identify your status and claim your dependents correctly on the new form. You also might or might not have to update the W-4 you filled out prior to...
Finally, it will then give you an estimated amount to be withheld for the year. Based on that you can update your W-4 if necessary. So the easy 1-2-3 step process is: Figure out your new withholding on through the IRS’s tax withholding estimator. Get a new W-4 Form and fill ...
Bring a pen and perhaps a financial plan. You’ve got a few forms to fill out and decisions to make. Even if it’s not your first new job, the W-4 form isn’t what it used to be, and there’s a brand new I-9 as of August 2023. Do you have a strategy for yourcompany 401...