Q:

What are some tips for filing the 2015 W4 form?

A:

Quick Answer

Tips for filing the 2015 W-4 form include using the multipage worksheet that comes with the W-4 form, reports Bankrate. This worksheet helps calculate the withholding allowances so taxpayers don't underpay their income taxes. When this happens, taxpayers end up owing taxes at the end of the year.

Continue Reading

Full Answer

Taxpayers can also use the W-4 to declare themselves from withholding, explains TurboTax. This means that an employer does not deduct any federal income tax from the employee's salary. A taxpayer can claim an exemption from withholding if he had no income tax liability in the previous year and does not expect to owe taxes in the current tax reporting year.

Learn more about Taxes

Related Questions

Explore