W-4 Tax Form

The W-4 form is an essential tool for managing your federal income tax withholding. In 2024, the IRS has made updates to simplify the process, making it easier to claim dependents, adjust for multiple jobs, and ensure accurate withholding. Employees should fill out a W-4 when starting a new job or after significant life changes. Using tools like the IRS’s online estimator can help you avoid tax surprises.