Form W-4 (Employee’s Withholding Certificate)

Form W-4 is a tax form that employees complete to determine how much federal income tax should be withheld from their paycheck. The form provides information about the employee’s filing status, number of dependents, additional income, and deductions, which helps the employer calculate the correct amount of tax to withhold. Employees can adjust their W-4 throughout the year to account for changes in their personal or financial situation, such as getting married, having a child, or taking on a second job. The W-4 ensures that employees’ withholding is accurate, helping to avoid owing too much or too little in taxes at the end of the year.