Q:

Can I file as exempt on my W-4 form?

A:

Quick Answer

Individuals may be able to mark Form W-4 as "exempt" under certain circumstances, according to the Internal Revenue Service. The taxpayer has to have had a refund of all income tax withheld the previous year and has to reasonably expect a full refund of all current year withholding.

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Full Answer

Students and retirees with part-time jobs are not automatically exempt from income tax withholding. A number of factors are taken into consideration, including filing status, dependency status and whether the taxpayer itemizes deductions. A taxpayer who is exempt from withholding may still have to file an income tax return, the IRS notes. A complete discussion and helpful chart can be found in IRS Publication 505.

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Related Questions

  • Q:

    How can you get a copy of your W-2 form?

    A:

    You can get a copy of your W-2 form through the Internal Revenue Service by submitting IRS Form 4506, Request for Copy of Tax Return, explains the IRS. The IRS does not retain copies of individual W-2 forms, but instead saves them as attachments to your income tax return.

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  • Q:

    How do you procure a printable W-2 form online?

    A:

    You can obtain a printable W-2 form by visiting the official website of the Internal Revenue Service. The forms are available from the Forms & Publications section of the website.

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  • Q:

    Where do you obtain and print out a blank W-2 form?

    A:

    Blank W-2 forms can be found and printed from the official website of the Internal Revenue Service, explains the IRS. Users can also obtain the instructions for the W-2 form directly from the IRS webpage.

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  • Q:

    What is the W-4 form used for?

    A:

    The Employee Withholding Allowance Certificate, or form W-4, tells the employer the marital status, number of withholding allowances and any additional amount to use when calculating the amount of federal income tax to deduct from an employee's paycheck. Missing or incomplete W-4s require employers to withhold at the highest rate.

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