Withholding Allowance

Withholding Allowance

A declaration on a W-4 form stating that an employee should have less money withheld from his/her paycheck. That is, the more withholding allowances an individual declares, the less money is withheld because it is likely that the individual will owe less in income tax. One may declare one withholding allowance each for oneself, one's spouse, and each of one's children and other dependents.
Mentioned in ?
References in periodicals archive ?
If changes to withholding should be made, the Withholding Calculator gives employees the information they need to fill out a new Form W-4, Employees Withholding Allowance Certificate.
If a child expects to owe no federal income tax, he can file an exemption from income tax withholding on Form W-4, Employer's Withholding Allowance Certificate.
38) However, a minister may choose to have the church withhold federal income tax from the minister's compensation by filing Form W-4, Employees Withholding Allowance Certificate, with the church.
the amount withheld by filling out IRS Form W-4, Employee's Withholding Allowance Certificate, and submitting it to your employer.
Allowance is not a salary in this case; the reward for chores is that children feel they are contributing members of the family But withholding allowance might still be a punishment, alongside losing dessert or time on the computer.
Under the new Withholding Compliance Program, the IRS no longer needs Form W-4, Employee's Withholding Allowance letter.
Among the charges, the indictment alleges that Ralphs falsified thousands of employment records, including employment eligibility forms and employee withholding allowance certificates.
In secretly rehiring hundreds of locked-out employees under false identifies, Ralphs allegedly falsified thousands of employment records, including forms filed with government agencies such as employment eligibility forms, employee withholding allowance certificates and income tax statements.
Employers are not responsible for wage withholding but can agree to withhold federal income taxes if the domestic service employee makes a request on a Form W-4, Employee's Withholding Allowance Certificate.
BSI eeForms helps streamline the entire process of managing employee withholding allowance certificates.
if household wages will exceed the married-filing-jointly threshold--may request on Form W-4, Employee's Withholding Allowance Certificate, that the employer deduct and withhold an additional amount of income tax.
Folmar suggest they change their wage withholding allowance from zero (married status) to two.