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Form W-4 (2012) Purpose. Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay. Consider completing a new Form W-4 each year and when your personal or financial
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How to fill out form w-4 2012
How to Fill Out Form W-4 2012:
01
Start by providing your personal information - Enter your full name, home address, social security number, and filing status (e.g., single, married filing jointly, etc.) in the designated fields on the form.
02
Calculate allowances - The form includes a worksheet to help determine the number of allowances you should claim. The more allowances you claim, the less tax will be withheld from your paycheck. Follow the instructions on the worksheet carefully to determine the correct number of allowances based on your individual circumstances.
03
Consider additional withholding - If you have multiple jobs, a working spouse, or other sources of income, you may want to have additional tax withheld. Use the Deductions and Adjustments Worksheet if you have dependents or expect to claim itemized deductions, to calculate the additional withholding amount required.
04
Review and complete the worksheets - Form W-4 2012 includes several worksheets, such as the Deductions and Adjustments Worksheet, the Two-Earners/Multiple Jobs Worksheet, and the Child Tax Credit and Credit for Other Dependents Worksheet. Fill out these worksheets as necessary to ensure accurate withholding.
05
Sign and date the form - After completing all the necessary sections, be sure to sign and date Form W-4 2012 to certify that the information provided is true and accurate.
Who Needs Form W-4 2012:
01
Employees - Anyone who is employed in the United States and earns wages is generally required to complete Form W-4. This form allows employers to determine the amount of federal income tax to withhold from an employee's paycheck.
02
New Hires - When starting a new job, employees are required to fill out Form W-4 to inform their employer how much tax should be withheld from their earnings. This ensures that the correct amount of tax is withheld throughout the year.
03
Changes in Personal or Financial Situations - Individuals who have experienced significant changes in their personal or financial situations, such as marriage, divorce, the birth of a child, or an increase in income, may need to update their withholding information by completing a new Form W-4.
It is important to note that these guidelines specifically pertain to Form W-4 for the year 2012. The form may have been updated since then, so it is advisable to consult the most recent version and follow the instructions provided by the IRS.
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What is form w-4 - best?
Form W-4 is a tax form used by employees to inform their employers on how much tax to withhold from their paycheck.
Who is required to file form w-4 - best?
All employees who are working in the United States are required to file Form W-4 with their employer.
How to fill out form w-4 - best?
To fill out Form W-4, employees need to provide their personal information, number of allowances, additional withholding amount, and signature.
What is the purpose of form w-4 - best?
The purpose of Form W-4 is to ensure that the correct amount of federal income tax is withheld from an employee's paycheck.
What information must be reported on form w-4 - best?
Employees must report their filing status, number of dependents, and any additional withholding allowance on Form W-4.
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