Question
What is the W-4 form used for?
filing taxes with the federal government
determining the amount of money an employee has paid out in taxes
calculating how much tax should be withheld from a person’s paycheck
calculating how much income was paid in the previous year
filing taxes with the federal government
determining the amount of money an employee has paid out in taxes
calculating how much tax should be withheld from a person’s paycheck
calculating how much income was paid in the previous year
Answers
GPT-4o mini
The W-4 form is used for **calculating how much tax should be withheld from a person’s paycheck**. It allows employees to provide their employer with information about their tax situation, such as filing status and number of dependents, which helps to determine the appropriate amount of federal income tax to withhold from their paychecks throughout the year.