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How to fill out form w-4 2013

How to fill out form W-4 2013:
01
Start by providing your personal information, such as your name, address, and Social Security number.
02
Determine your filing status (Single, Married filing jointly, etc.) and number of allowances you wish to claim. The more allowances you claim, the less tax will be withheld from your paycheck.
03
If you have multiple jobs or a working spouse, you may need to adjust your withholding by using the Two-Earners/Multiple Jobs Worksheet.
04
If you have dependents or qualify for any deductions or credits, you can enter additional amounts to be withheld on Line 6 of the form.
05
If you have any other income that is not subject to withholding, such as self-employment income, you may need to make quarterly estimated tax payments. Consult a tax professional for guidance.
06
Review your completed form for accuracy and sign and date it before submitting it to your employer.
07
Keep a copy of the form for your records.
Who needs form W-4 2013:
01
Employees starting a new job or experiencing changes in their personal or financial situation may need to fill out a new Form W-4 to ensure the correct amount of federal income tax is withheld from their pay.
02
Individuals who have previously claimed a certain number of allowances on their Form W-4 may need to update their withholding information if their circumstances changed.
03
Employers require a completed Form W-4 from their employees so they can accurately calculate and withhold the correct amount of federal income tax from each paycheck.
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