ETax847 Posted April 28, 2020 Report Share Posted April 28, 2020 Does anyone have any tips for walking clients filling out a new W4 form? Is the IRS calculator the way to go, or is there a more efficient way? Quote Link to comment Share on other sites More sharing options...
Lee B Posted April 29, 2020 Report Share Posted April 29, 2020 I would either use the IRS Caculator or do a 2020 tax projection Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted April 29, 2020 Report Share Posted April 29, 2020 But if they use the IRS calculator mid-way thru the year, it's very important that they do another calculation on 1/1 of the next year. Quote Link to comment Share on other sites More sharing options...
WITAXLADY Posted April 29, 2020 Report Share Posted April 29, 2020 I tell them to figure the top part out as it says... and that is set to be -0- If they want a refund - they should then have x amount taken out per pay check $20/2x a month = $500 a year.. hoping they had some withheld from an earlier job.. or $40/2x a month x 8 months = $640 a year so they have a cushion if the W-4 calculator is wrong... etc if they want more.. D Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.