Federal Form W-4 is used to help employers collect information needed to take out the proper amount of federal income taxes from employees’ paychecks. What the employee enters on the form will affect ...
It can also lower or prevent a tax bill when you file your federal tax return next year. File a New W-4 Form to Change Your Tax Withholding There are many reasons why your tax withholding could be ...
But you likely filled out a W-4 form, which helps to determine how much of your income your employer will withhold, or keep from your paycheck for federal taxes. Having too much tax withheld can ...