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Form 5081

Form 5081

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Instructions and help about 2020 return michigan

you're probably familiar with the w-4 is the form your employer gives you when you start your job so they can withhold the right amount of income tax from your paychecks it's important to get it right so you don't overpay during the year or under pay and then Oh a huge balance to the IRS when you file your taxes in 2018 something's changed with a w-4 the new tax law did away with personal exemptions that were the backbone of the old form the w-4 got a makeover and beginning this year it calculates how much federal tax should be withheld based on a more thorough measure of employees sources of income and dependents in their household let's take a look steps 1 & 5 are mandatory you fill out your personal info and sign for some people that will be it steps 2 through 4 are optional but completing them will help you make your withholdings more accurate step 2 multiple jobs its new ish and perhaps the most confusing change to the form complete

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