Form 5434 a Uncle Fed's Tax*Board

Instructions and help about Form 5434 A Uncle Fed's Tax*Board

so you got your first job good for you but thanks to the 16th Amendment to the Constitution in 1913 with that job comes income taxes and with taxes come forms and more forms boring I know but understanding these forms can make a huge difference in your financial Journey the first two you need to learn about are the W4 and W-2 forms a lot of boxes and a lot of words but honestly they're not that complicated so stick with me as we walk through it on this episode of at the beginning of every job you'll need to complete a W-4 form also called and employees withholding certificate your employer uses this information to withhold federal income tax from your paycheck and pay the government Step One is easy fill out your personal information be sure your name matches the way it's written on your social security card next select how your taxes will be filed if you're still living at home not married or not the head of the household select single or married filing separately I am so single [Musi