Which of the following regarding the Form W-4 is incorrect?
A)Determines an employee's income tax withholding.
B)Employees can claim more allowances than personal exemptions that will be claimed.
C)Employees can specify additional amounts to be withheld each month.
D)The form can only be adjusted at the beginning of year or start of employment.Employees may adjust the Form W-4 throughout the year.

Question

Quizplus · Accepted Answer

The statement "The form can only be adjusted at the beginning of year or start of employment" is incorrect. Employees may adjust the Form W-4 throughout the year as their personal or financial situations change.

Which of the Following Regarding the Form W-4 Is Incorrect