Withholding Allowance: What Is It, and How Does It Work?
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Withholding Tax: What It Is, Types, and How It's Calculated
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Your W4 is the form that tells your employer how much taxes YOU want withheld from each of your paycheck. 😁 This is the form that plays into if you get a tax refund each year or not. 😯 So if you want less taken out, and more in your pocket you need to change it on your W4. 😮 For example, if most years you get around $6,000 back. You can divide that by 12 (for each month) that’s $500 back each month or $250 for each check if you get paid twice per month. 🫨 Assuming your situation hasn’t chang
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