You are starting your first job and you are asked to complete some paperwork on your first day. Which form will determine how much money is withheld from your paycheck for federal and state income taxes

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The W-4 is the name of the Tax form that will determine how much money is withheld from your paycheck for federal and state income taxes.

What is the W-4 Form?

The Form W-4 is the form that tells about an employee's amount of income, deductions and other additional amount to withhold from each paycheck for computation of amount of federal income tax to deduct and withhold from the employee's pay.

In conclusion, the W-4 is the name of the Tax form that will determine how much money is withheld from your paycheck for federal and state income taxes.

Read more about Form W-4

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