Tax Forms: Question Formation printable pdf download

Tax Forms: Question Formation

Ms. Rebecca and Mr. Ingram

Name: _________________________

Economic Justice

Section: ____ EJ#: ____

3.18 Tax Forms: Question Formation

Focus Question

________________________________________________________________________

Do Now

1. Do you have (or have you ever had) a job where you had to fill out a W-4 form before you

could start working? If yes, what do you remember about filling out the W-4 form?

______________________________________________________________________________

2. Would you rather A) pay more taxes now so that you can get a refund later, or B) pay less

taxes now and get no refund later? Explain.

________________________________________________________________________

Rules for Producing Questions

Can you remember the 4 rules for Question Formation? Write them below:

1. ____________________________________________________________________________

2. ____________________________________________________________________________

3. ____________________________________________________________________________

4. ____________________________________________________________________________

How to Fill out Form W-4

How to Fill out Form W-4 to Keep More Money in

Your Pocket

By Sally Herigstad in TaxAct (Updated for Tax Year 2015)

Why does my employer withhold so much?

Your employer has no discretion over how much they withhold from your pay. Your

employer must withhold the amount from the IRS withholding tables, based on your pay,

the time period, and the information on the Form W-4 you filled out.

What’s a withholding allowance?

A withholding allowance is a number that your employer uses to determine how much

federal and state income tax to withhold from your paycheck. The number of

exemptions you should claim may vary from zero to as many exemptions as necessary

to have the correct amount of income tax withheld from your pay.

Tax Forms: Question Formation