W-4


Also found in: Acronyms.

W-4

A form that employees fill out when starting a job in the United States. The form calculates the tax withholding from an employee's paychecks, depending on the number of persons in his/her household and the employee's expected filing status for that year. The W-4 form does not determine one's tax liability; one may receive a refund (or be required to pay extra) depending on his/her specific deductions, credits and income.
References in periodicals archive ?
Previous regulations required employers to submit certain employees' Forms W-4 to the IRS on the agency's written request.
The Internal Revenue Service says that when an employee refuses to complete a Form W-4, the employer should still take taxes out of the employee's pay.
The employee can be fined $500 for submitting a fraudulent W-4.
The TALX Interactive W-4 service is available for immediate implementation and features the Symmetry software engine for accurate W-4 completion.
So it's critical that essential details, such as the new employee's name, Social Security number and withholding allowances or otherwise invalid W-4s.
Paychex expects to see significant increases in the number of employees who change their Form W-4 after more paychecks are issued in the coming weeks.
Additionally, the predecessor must forward all Forms W-4 and W-5 for the acquired employees to the successor.
Anyone who wants to make sure there will be a tax refund at this time next year can come to the nearest H & R Block office and ask us to fill out a new W-4 form.
The predecessor must keep on file the Forms W-4 and W-5 provided by its former employees.
Students should prepare IRS Form W-4, Employees Withholding Allowance Certificate, to inform their employers of their withholding status.
TALX ePayroll services enable employers to eliminate the paper pay stubs by providing electronic pay statements, as well as direct deposit maintenance and W-4 updates.
PEI) producers of the popular TaxBrain (TM) Online Tax Center(TM), has released a new, free W-4 Withholding Calculator and Tax Estimator.