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Form to Request a Taxable Allowance for Communications and

Form to Request a Taxable Allowance for Communications and

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foreign [Music] here we're going to look at the IRS form W4 focusing on steps two to four including multiple jobs dependence deductions and other income also we will look at the IRS tax estimator tool to help us with filling out the form if you are new to the W-4 please also see our how to fill out the W4 video for an overview let's get started if you watched our other video you already understand the W4 and filled out the top of the form now let's take a look at step two step two is about multiple jobs or having a spouse who works this step is designed to help you and your employer determine the correct amount of tax to withhold from your paycheck it's important to get this step right because you want to avoid owing a big chunk of money to the IRS at the end of the year or conversely lending Uncle Sam your hard-earned money interest-free the options available include a which here says reserved for future use but used to say using the irs's tax w

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