Question

The purpose of a W–4 form is to _____. inform your employer how much you paid in taxes at your previous job tell the IRS how much money has been paid in taxes let your employer know how much to take out of your paycheck for taxes file a tax return?

Answer 1

Answer:

let your employer know how much to take out of your paycheck for taxes file a tax return

Explanation:

The W-4 Form or the Employee's Withholding Allowance Certificate, must be completed by new employees and its main purpose is to let their employer know how much federal taxes must be withheld form the employee's paycheck. Employers no longer have to routinely submit W-4 Forms to the IRS.