A step-by-step guide to help you fill out a W-4 Fact checked by Vikki Velasquez IRS Form W-4 dictates how much money is withheld from your gross pay for taxes. Step 1 requires you to input personal ...

Federal Form W-4 is used to help employers collect information needed to take out the proper amount of federal income taxes from employees’ paychecks. What the employee enters on the form will affect ...

Employers complete form W-2 annually to report employee earnings and tax withholdings. Employees complete form W-4 when starting a new job to tell employers how much to withhold from their paychecks.