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TEACHERS RETIREMENT BOARD 165 Capitol Avenue Hartford, CT 061061673Toll free: Website:1 (800) 5041102 www.ct.gov/trbFEDERAL TAX WITHHOLDING CHANGE FORMA separate form must be submitted for each monthly

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What is federal tax withholding change?

A federal tax withholding change refers to the adjustment in the amount of federal income tax that is withheld from an employee's paycheck, based on changes in the employee's tax situation or in tax laws.

Who is required to file federal tax withholding change?

Employees who experience changes in their financial situation, such as a change in marital status, number of dependents, or adjustments to income, may file a federal tax withholding change to avoid underpayment or overpayment of taxes.

How to fill out federal tax withholding change?

To fill out a federal tax withholding change, an employee typically needs to complete Form W-4, providing personal information, marital status, number of dependents, and any additional withholding amounts they wish to specify.

What is the purpose of federal tax withholding change?

The purpose of a federal tax withholding change is to ensure that the correct amount of federal income tax is withheld from an employee's wages, thereby preventing underpayment or overpayment of taxes throughout the year.

What information must be reported on federal tax withholding change?

The information that must be reported on a federal tax withholding change includes the employee's name, Social Security number, filing status, number of allowances claimed, and any additional amounts to be withheld.

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