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Workday Job Updating Your Withholding Elections Use this job aid to: Update your withholding elections View current and historical tax elections Change your preferred PaperlessEmployee contact information
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How to fill out updating your withholding elections

01
Step 1: Gather the necessary documents
02
Step 2: Access the online portal or obtain the paper form
03
Step 3: Provide personal information such as your name, Social Security number, and contact details
04
Step 4: Determine your filing status and number of withholding allowances
05
Step 5: Calculate additional withholding amounts if needed
06
Step 6: Choose your preferred method for updating the withholding elections - online or by mail
07
Step 7: Review the information provided and make any necessary corrections
08
Step 8: Submit the updated withholding elections form through the chosen method
09
Step 9: Keep a copy of the form for your records
10
Step 10: Monitor your pay stubs and tax returns to ensure the changes are implemented correctly

Who needs updating your withholding elections?

01
Employees who had a change in their financial situation (such as marriage, divorce, or having a child)
02
Individuals who wish to adjust their tax withholdings to avoid overpaying or underpaying taxes
03
Employees who started a new job and want to set their withholding elections according to their preferences
04
Those who experienced significant changes in their income or deductions
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Updating your withholding elections is the process of making changes to the amount of tax withheld from your paycheck.
All employees who have income subject to withholding are required to file updating their withholding elections.
Updating your withholding elections can be done through your employer's HR department or payroll software, where you can adjust the amount of tax withheld from your paycheck.
The purpose of updating your withholding elections is to ensure that the correct amount of tax is withheld from your income, based on your individual tax situation.
When updating your withholding elections, you must report your filing status, number of allowances, and any additional withholding amounts.
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