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Dol 421 Form

Dol 421 Form

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What is a W-9 tax form? What is a W-9 tax form?

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okay for this video i wanted to briefly cover the irs form w-4-v this w-4 version is a voluntary withholding request so what we want to do here is cover an example where if you're receiving unemployment compensation it might make sense to complete this form and self-impose federal income tax withholding so i've got a sample form in front of us here and then one slide that covers some of the rules that we that we've got in front of us so who wouldn't want to complete this and why well the w-4-v can be completed by a taxpayer that voluntarily wants to have federal taxes withheld from the payments for certain types of income that otherwise are not required to be withheld upon and so one such example is unemployment comp right so unemployment compensation is income to you as a taxpayer right so you have to report on your return and potentially pay tax on it depending on how much you receive and what your other income is for the year but the point is that by

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