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Question
taxes
instruction active
the w-4 form
the w-4 form is completed by an individual when he or she first starts a new job. what does this form help to determine?
the amount of money that an individual should receive in income.
the amount of money that should be returned for paying too much in taxes.
the amount of money that should be withheld in federal taxes.
the amount of many that should be withheld in state taxes.
The W - 4 form is used to determine the amount of federal income tax to be withheld from an employee's paycheck. The first option is incorrect as it's not about income amount. The second option is about tax refunds (related to tax return, not W - 4). The fourth option has a typo ("many" instead of "money") and W - 4 is for federal tax withholding, not state (state tax withholding forms are different). So the correct option is the one about federal tax withholding.
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C. The amount of money that should be withheld in federal taxes.