Rapid Tax - Do I Claim Zero, One, Two W-4 Allowances?

“How many allowances to claim.”

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When

Anytime

Where

Online

Cost

Free

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Description

Being aware of the number of allowances you are claiming on a Form W-4 [Employee’s Withholding Allowance Certificate] is important for a variety of reasons. Most importantly, the number of allowances you claim on a W-4 determines the following;

how much tax will be taken from your income (aka the withholding amount)

the size of your tax refund

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