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How to fill out income-tax deduction from salaries

01
Obtain Form W-4 from your employer
02
Fill out your personal information such as name, address, Social Security number
03
Determine your filing status (single, married, etc.)
04
Estimate the number of allowances you are claiming
05
Consider any additional withholding you want to request
06
Sign and date the form before submitting it to your employer

Who needs income-tax deduction from salaries?

01
Anyone who is employed and wants to have income tax withheld from their salary in a specific manner
02
Those who want to adjust the amount of tax withheld from their salary based on their personal situation
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Income-tax deduction from salaries is the amount of tax deducted from an individual's salary by their employer before receiving the salary.
Employers are required to file income-tax deduction from salaries on behalf of their employees.
Employers need to accurately report the deducted tax amount on Form 16 before issuing it to the employees.
The purpose of income-tax deduction from salaries is to collect tax from individuals on their earnings to fund government programs and services.
Employers must report the total amount of tax deducted, PAN details, and other relevant information on income-tax deduction from salaries.
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