Questions tagged [form-w-4]

Form W-4 is an IRS tax input form completed by an employee in the United States to indicate his or her tax situation to the employer. The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck.

Filter by
Sorted by
Tagged with
1 vote
0 answers
28 views

How to fill out California Allowances on the DE-4 form and Deduction on the W-4 form?

This is related to the question: In the US, how do we make tax withholding less if we lost our job for a few months? So the form that is similar to a Federal W-4 form is the California DE-4 form. For ...
user avatar
2 votes
1 answer
105 views

Does side-job with W-9 get listed as 2nd job in W-4 for new job?

I have a question regarding "multiple jobs" since my 2nd job is as an independent contractor and has a W-9. My previous main job (W-4) did overlap with the side job, but I will not work the ...
user avatar
5 votes
2 answers
190 views

Should everyone who receives dividend income fill out a W-4 form reporting it to their employer?

My friend mentioned to me that he got dinged by the IRS for underpayment of estimated tax. Apparently the reason that his employer didn't withhold enough tax from his paycheck is that he received ...
user avatar
9 votes
1 answer
3k views

In the US, how do we make tax withholding less if we lost our job for a few months?

I was out of a job from March to June this year, so I expect to pay less tax and the tax bracket should be lower. However, when I joined a new company in July, and filled out the W4, I couldn't find ...
user avatar
3 votes
2 answers
758 views

Can I use the "Other Income" section of my W4 in lieu of paying quarterly taxes on 1099-NEC income? [duplicate]

I was looking at a IRS W-4 form recently and noticed that it had a section for "Other income (not from jobs)". So let's say you have a W-2 job and a 1099-NEC "job". You're not ...
user avatar
  • 3,527
0 votes
1 answer
51 views

W4 - Questions on Tax Withholding Estimator

Both my husband and I (married and filling taxes together) just moved to the US and starting jobs in a week. In both jobs they have asked us to fill the W4, and I've filled the Tax Withholding ...
user avatar
  • 3
2 votes
1 answer
55 views

Any current way to account for changed child tax credit in a W-4?

The recently enacted American Rescue Plan Act (aka third stimulus) changes quite a number of things for the tax code for 2021. Notably for this post, the child tax credit for 2021 is increased to ...
user avatar
  • 1,262
7 votes
1 answer
5k views

How to fill out W4 for second job

I just got a second job however I don’t know how to fill the W4 form. My first job pays $18hr and my second pays $14. I was t thinking about having two jobs so I filled out my W4 form for my first job ...
user avatar
  • 71
1 vote
1 answer
269 views

Itemized and Standard Deductions on 4(b) of W4

I'm filling out a W4 and in 4(b) it asks for "an estimate of (my) 2020 itemized deductions (from Schedule A( Form 1040 or 1040-SR). Such deductions may include qualifying home mortgage interest, ...
user avatar
6 votes
1 answer
277 views

On the 2021 W-4, does the deduction amount entered include the standard deduction?

I'm setting up my federal tax withholdings with my employer for 2021 using the new W4 form. I'm confused about line 4b. Based on the tax as accurately as I can figure it, if I select married-filing-...
user avatar
  • 1,129
13 votes
3 answers
3k views

How do you know how much to withold on your W-4?

My father says that if I need more money, I can withhold less on my W-4 (which won't result in the same oh here's $3,000 come tax return time), but will give us access to more money. So how do I know ...
user avatar
  • 1,110
1 vote
2 answers
164 views

How to designate max Fed withholding in paycheck, with 2020 W4 (allowances no longer exist)

I want to have the maximum-possible US Federal Income Tax withholding made from my paycheck By "maximum", I mean I want ALL of the remainder (after all other deductions) of my paycheck ...
user avatar
  • 157
3 votes
1 answer
69 views

W4 Extra Federal withholding option: Should this be on top of my regular federal tax amount?

I am talking about this area of the United States W4 Form: "(c) Extra withholding. Enter any additional tax you want withheld each pay period: " I have sold some properties in 2020 and I ...
user avatar
  • 1,521
1 vote
1 answer
87 views

Which NYS employee taxes are optional?

United States and NY state here. I'm looking at my paystub and under Employee Tax Witholdings I'm seeing the following line items taken out: Federal Income Tax Social Security Medicare NY State ...
user avatar
2 votes
1 answer
72 views

How can I get the government to withhold less money via the new W4 in 2020?

I have a bit of an issue I can't figure out. I am single, and my annualized salary would be about $140,000 as I make about $70 an hour. The issue is that I'm realistically only going to make about $...
user avatar
1 vote
1 answer
80 views

Necessary to file US Federal W4 in addition to state W4?

I already filed a state W4* with my employer - do I need to also additionally file a US Federal W4 with the same employer? Or does state W4 take into account for Federal W4 withholding amount also? ...
user avatar
  • 157
1 vote
1 answer
69 views

Tax situation for telecommuting (remote work)

I am a non-resident alien. I am in a similar situation as described here - How to determine the tax withhold for remote work? To quickly summarize, my official address of residence is in state A, I am ...
user avatar
  • 113
0 votes
2 answers
4k views

What does "Spouse Works" mean in W-4 form?

What's the definition of Term Spouse Works?
user avatar
  • 151
7 votes
1 answer
546 views

W-4 Second Job Question

With the whole COVID-19 thing happening a lot of my financing and paper work on stuff is a little complicated right now. I'm also pretty inexperienced with this stuff because I've only ever held a ...
user avatar
  • 71
1 vote
3 answers
1k views

Mistakenly filed as Exempt from income tax witholdings for entire year 2019

I am a basic 30 year old filing Single, W2, healthy working individual. No dependents, no additional schedules, capital gains or losses other than Student Loan interest expense. I started a new job ...
user avatar
  • 27
0 votes
2 answers
288 views

Claiming dependent - put 1 or 500 in step 3

In Federal tax form W4, I am trying to figure out what to put in the following section so that my w4 is correct. I changed my status from single to married since I got married recently at the ...
user avatar
  • 245
10 votes
1 answer
2k views

What has happened to the W4 form for 2020 - paying a lot LESS federal taxes?

I made a mistake on my 2019 W4 form by claiming way too many dependents (10). I don't know how I ended up with this number but it was seriously wrong since I only have 3 dependents. At the time, ...
user avatar
  • 1,363
2 votes
1 answer
93 views

Mistake on the W-4 Tax Witholding form affected one pay period. Are there IRS reporting requirements and consequences?

I joined a new company recently and made a mistake while filling out Form W-4 electronically. I chose 'Married Filing Jointly' from the 'Marital Status' dropdown when I should have selected 'Single/...
user avatar
  • 23
1 vote
0 answers
48 views

Exemption from withholding on W-4 form for highschool student

My daughter (WA - USA, highschool student with green card) has 2 part-time jobs paying about $1500 each per year. I claim her as a dependent on my tax return. She has to fill out a W-4 form for her ...
user avatar
  • 111
2 votes
0 answers
604 views

Is claiming $0 in withholding deductions on 2020 W-4 the same as claiming 0 allowances in the past?

The IRS form W-4 for 2020 has you compute any amount that should be deducted from your federal income tax withholdings and then report the amount in dollars. In the past I merely reported the number ...
user avatar
0 votes
1 answer
49 views

Does charity contributions come under itemized deductions of California state w4 form?

I am trying to understand why State of California has no line for charity contributions or I may be something. For example, in the Worksheet B of this form, line 1, it only talks about the itemized ...
user avatar
3 votes
2 answers
121 views

Adjusted Income vs Adjusted Gross Income

I am done with my federal tax W4 form but I am not 100% sure about one line 4 of the deductions and adjustments worksheet. Are Adjusted Income and Adjusted Gross Income the same? To me the Adjusted ...
user avatar
0 votes
1 answer
234 views

Salary increased 25% and tax withholdings increased 300%? Help with my W4

I've filled out the W4 five times now and keep getting a high number. At my old job, about $344 was withheld in my biweekly paychecks and my new job is withholding 4 times as much. My new salary: ...
user avatar
  • 1
3 votes
2 answers
128 views

Married Mid-Year, Tax Liability Now Paid

I've paid my taxes as single all year, but now I'm married! With this new filing status, my tax liability has decreased, as my wife has both a lower income and a daughter. By my calculations, our tax ...
user avatar
  • 227
0 votes
1 answer
473 views

W4 allowances when spouse is working as contractor on 1099?

I will be starting a new job in July and I will need to fill out a W4. My spouse earns higher than me and he is an independent contractor and is on 1099. I was unsure of how many allowances to claim?...
user avatar
  • 1
1 vote
1 answer
188 views

Placing Tax withholding into a savings account instead of haivng it deducted from my paycheck [duplicate]

Typically one has a percentage (based on a W-4) of their pay withheld to cover one's taxes at the end of the year, it occurs to me that this is effectively like storing that money in an account with ...
user avatar
9 votes
2 answers
2k views

Why do some employees fill out a W-4 and some don't?

I recognize W-4s are for calculating how much an employer should withhold from an employee for tax purposes. More allowances, less withheld. Less allowances, more withheld. This is the gist of it? At ...
user avatar
  • 568
2 votes
4 answers
202 views

What are the implications of employer increasing allowances on W-4?

When I started my job, I filled out a W-4 and claimed 3 allowances. While going over my pay check information, I noticed that my employer stopped taking out federal taxes each check. I went in and ...
user avatar
  • 2,345
2 votes
1 answer
2k views

Got an internship offer while working a student job. How do I fill my w4 for the internship?

Long story short: I am a non immigrant with a permit to work in campus, already filled a w4 with the university and I earn less than 10k a year. I got an internship for 90 days and I got another w4 ...
user avatar
  • 21
2 votes
0 answers
97 views

Married filing jointly, withholding number does not match actual tax savings

I am getting married this year (2019). My wife will not be working or bringing in any wage. Beginning in 2020, I plan to submit a new w-4 to specify a withholding amount, with the goal of having a ...
user avatar
3 votes
1 answer
233 views

Can I hire a CPA after already filing and paying my taxes if I want to see if there were any mistakes?

When I filed my taxes earlier this year, I was surprised to be owing the IRS over $10,000. But, I did exercise a bunch of ISOs without holding them, and apparently my request to change my ...
user avatar
4 votes
2 answers
3k views

Can I calculate next year's exemptions based on this year's refund/amount owed?

Every W4 calculator I've found makes you input a lot of data to figure out what next year's exemptions should be. Let's say I already take 10 exemptions and I owe, say, $5000 this year. Is there a ...
user avatar
  • 205
0 votes
2 answers
100 views

Employee’s Withholding Allowance Married

I'm filed with payroll as married with three allowances (I have no kids). I make $80,000/yr, and file as "Married filing jointly". Wife doesn't work. What is the optimal Employee’s Withholding ...
user avatar
  • 81
0 votes
2 answers
3k views

Allowances for New York State W4 form

Why is it that you can't allow yourself as an allowance in the NY state form? In my case, I put the number of allowances as 1 in the federal W4 form and 0 in the NY state W4 form. Is this normal? Or ...
user avatar
  • 1
1 vote
3 answers
99 views

Need to file State W4 form in addition to Federal?

Is filing a state W4 form necessary if you already filed a federal W4 form? Do most employers require employees to manually fill out a state W4 form?
user avatar
  • 11
1 vote
2 answers
274 views

How to avoid paying estimated taxes due to unpredictable investment income?

I've read that you'll owe a penalty if you don't pay enough in taxes during the year, and I'd like to avoid paying estimated taxes if possible since I have significant and hard-to-predict investment ...
user avatar
0 votes
1 answer
47 views

What information from my 2018 and 2017 tax returns should I reference to complete my 2019 form W-4?

The 2019 Form W-4 worksheet and the IRS withholding calculator are asking questions about deductions and adjustments. I do not know these numbers from memory and I think I can get them from prior ...
user avatar
  • 7,845
0 votes
2 answers
73 views

Payroll contributions vs. Extra withholding: which one takes precedence?

Suppose I choose to make pre-tax payroll contributions to my 401(k) and/or HSA, of an amount that takes up most of my paycheck. I also selected on my W-4 form to make an extra tax withholding per ...
user avatar
  • 15.7k
1 vote
1 answer
15k views

2018 W4 - Married or Married, but withhold at higher single rate?

We were married earlier in the year and currently updating our 2018 W4's to reflect our new married status. The 2018 W4 is a bit confusing as based on how we have it currently setup, it looks like we ...
user avatar
  • 141
2 votes
1 answer
824 views

On Form W-4, can you fill out line 6 instead of line 5?

I'm changing my benefits provider during the year and need to update my W-4 form and, for California, my DE 4. I'm changing my filing status from Single to Head of Household, so I've been having too ...
user avatar
  • 499
0 votes
1 answer
42 views

I'm changing my tax status from Single to Head of Household during the year. How do I adjust my allowances?

I've been having taxes withheld so far as a Single, but I recently discovered that I'm qualified to file as Head of Household. Because I've been paying too much until now, I would like to reduce my ...
user avatar
  • 499
2 votes
1 answer
194 views

How to Answer IRS Withholding Calculator Questions About 2018?

I've been encouraged by my employer to recalculate my W4 allowances in light of the tax law changes for 2018. When I use the IRS's calculator it needs me to give answers for things like, Enter your ...
user avatar
5 votes
1 answer
1k views

Accidentally selected tax exempt on W4

I started working in February 20, 2017 and had an online W4 to fill out and I accidentally selected tax exempt. I am in the 28% tax bracket and live in Washington state. Upon realizing my mistake I ...
user avatar
2 votes
2 answers
665 views

US Citizen living abroad: Can I put a foreign address on I-9/W-4 forms, for tax return purposes?

I am US Citizen, currently living abroad and work for a company in the USA. I was asked to fill out the I-9 and W-4 forms and was wondering what address to list. my us or foreign address. Specifically ...
user avatar
  • 21
2 votes
1 answer
82 views

Confusion with Spouse Allowances on W-4

I'm trying to minimize my tax withholding, but at the same time not to claim more than a correct number of exemptions. I got stuck with my wife's situation. She's a full-time PhD student and ...
user avatar