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 ?
The calculator and new Form W-4 can be used by employees who wish to update their withholding in response to the new law or changes in their personal circumstances in 2018, and by workers starting a new job," according to the IRS.
W-4 exemption claim form requirements vary by federal, state and local jurisdictions, and regulations often change.
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.
By increasing his W-4 allowances to three, he would reduce his federal tax withholdings to an amount which is closer to his actual tax liability.
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.
Additionally, the predecessor must forward all Forms W-4 and W-5 for the acquired employees to the successor.
ePayroll services include pay stub review, pay card integration, direct deposit maintenance, and W-4 Update.
The revenue procedure describes both the standard procedure and an alternate procedure available to the successor and predecessor companies to use in filing the following forms: Form W-2, Wage and Tax Statement; Form W-3, Transmittal of Income and Tax Statements; Form 941, Employer's Quarterly Federal Tax Return; Form W-4, Employee's Withholding Allowance Certificate; and Form W-5, Earned Income Credit Advance Payment Certificate.
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.