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 Ct W4 Form Fillable 2020

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Instructions and help about Ct W4 Form Fillable

Hello, I’m Scott from Turbo Tax, with important news for taxpayers who have income taxes withheld from their paychecks. When you started your last job, do you remember filling out a W-4 form? It may have been one of many documents you had to complete for your employer, but because you can update it at any time, you may want to think about submitting a new one. As an employee, the IRS usually requires your employer to withhold income taxes from each paycheck you receive. Your employer will not use an arbitrary percentage to withhold; instead, it’s based on your expected annual compensation and the information you provide on a W-4 form. The main objective of withholding is to insure you pay enough taxes during the year to cover most, if not all, of your tax bill by December 31— nothing more, nothing less. Estimating your tax bill with such precision before the year is over may seem impossible, but if you prepare your W-4 using information from your recent tax returns, and nothing e

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