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FR 2046
Page 1SELECTED BALANCE SHEET ITEMS
FOR DISCOUNT WINDOW BORROWERS
INSTRUCTIONSPurpose of Report
The Federal Reserve System uses data from this report to ensure that discount window borrowing
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How to fill out fr 2046
How to fill out FR 2046:
01
Begin by obtaining the FR 2046 form, which is also known as the Employee's Withholding Allowance Certificate.
02
Start by filling out your personal information, such as your full name, social security number, and address.
03
In the next section, provide details regarding your filing status. This may include whether you are single, married filing jointly, married filing separately, or head of household.
04
Determine the number of allowances you wish to claim, considering factors such as dependents and tax credits. The form provides instructions to help you calculate the appropriate amount.
05
If you have multiple jobs or your spouse also works, follow the instructions on the form to adjust your withholding accordingly.
06
In the bottom section, you may choose to have additional voluntary withholdings, such as for state taxes or health insurance premiums.
07
Review the completed form, ensuring all information is accurate and legible.
08
Sign and date the form before submitting it to your employer.
Who needs FR 2046:
01
Employees who are starting a new job or have not yet submitted a withholding certificate to their employer.
02
Individuals who want to adjust their withholding allowances due to changes in personal circumstances, such as marriage, divorce, or the birth of a child.
03
Taxpayers who need to update their withholding allowances to ensure the correct amount of federal income tax is being withheld from their paychecks.
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