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Serial # Form W4 (2015) Purpose. Complete Form W4 so that your employer can withhold the correct federal income tax from your pay. Consider completing a new Form W4 each year and when your personal

How to fill out bformb w-4 b2015b

How to fill out Form W-4 for 2015:

1. Obtain a copy of Form W-4 for 2015 from the Internal Revenue Service (IRS) website or your employer.
2. Start by providing your personal information, including your name, address, and Social Security number.
3. Specify your filing status by selecting the appropriate option, such as single, married filing jointly, or head of household.
4. Determine the number of allowances you want to claim. More allowances will result in less tax withholding from your paycheck, while fewer allowances will result in more tax withholding.
5. If you have multiple jobs or if you and your spouse both work, you may need to use the Two-Earners/Multiple Jobs Worksheet provided with the form to accurately calculate your allowances.
6. Make any additional adjustments to your withholding, if necessary, by entering any additional amount you want to withhold from each paycheck or any additional income you expect to receive that is not subject to withholding.
7. If you anticipate claiming tax credits or deductions, such as the child tax credit or itemized deductions, you can adjust your withholding accordingly using the Deductions, Adjustments, and Additional Income Worksheet provided with the form.
8. Carefully review your completed Form W-4 to ensure accuracy before submitting it to your employer.
9. Keep in mind that you may need to update your Form W-4 if your personal or financial situation changes throughout the year.
10. Finally, submit the completed Form W-4 to your employer, who will use it to calculate the amount of federal income tax to withhold from your paychecks.

Who needs Form W-4 for 2015?

1. Employees who are starting a new job or those who want to update their withholding should fill out Form W-4 for 2015.
2. Individuals who have experienced any personal or financial changes throughout the year, such as getting married, having a child, or purchasing a home, may need to update their Form W-4 to ensure accurate tax withholding.
3. Employers also require employees to fill out Form W-4 to calculate the correct amount of federal income tax to withhold from their paychecks.

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