Question 1

Do I have to fill out a new W-4 every year?

Accepted Answer

No. It stays in effect until you change it. Review it after life changes or a surprise tax bill.

Question 2

What if I have two jobs?

Accepted Answer

Use Step 2 on both W-4s, or the IRS estimator, so enough tax is withheld overall.

Question 3

How do I fill out a W-4 if I’m single with one job?

Accepted Answer

Usually fill in Step 1 (your info, filing status single) and sign Step 5. Skip Steps 2 to 4 unless they apply.

Question 4

What happens if I don’t turn in a W-4?

Accepted Answer

Your employer generally must withhold as if you’re single with no other adjustments, which may not fit your situation.

Question 5

Can I claim exempt on my W-4?

Accepted Answer

Only if you had no federal income tax liability last year and expect none this year. Otherwise you may owe tax and penalties.

Question 6

How do I get a bigger paycheck?

Accepted Answer

You can reduce withholding, but if too little is withheld you may owe at tax time. Use the IRS estimator to find a balance.

Question 7

Do I fill out Step 2 if my spouse works?

Accepted Answer

If you’re married filing jointly and both work, yes, or use the IRS estimator, so enough tax is withheld.

Question 8

When should I update my W-4?

Accepted Answer

After marriage, divorce, a new baby, a second job, a big raise, or if you had a surprise tax bill or a very large refund.

Common questions: Filling out a W-4