What is the purpose of the Federal W-4 form?
A)To allow an employee to lessen the amount of federal tax withheld due to withholding allowances.
B)To notify the federal government when a new employee is hired.
C)To remit monthly payments for FICA to the federal government.
D)To notify the employee at year-end of the amount of federal tax withhelD.Allowances can be declared for dependents, which lessen an employee's income tax liability.

Question

Quizplus · Accepted Answer

The purpose of the Federal W-4 form is to allow an employee to declare how many withholding allowances they have for dependents, which can lessen the amount of federal tax withheld from their paycheck.

What Is the Purpose of the Federal W-4 Form