Is My Withholding Correct For 1999 - Instructions - Department Of The Treasury (Page 11 of 15) in pdf

deductions, adjustments to income, or

Two earners/two jobs. If you have a working

Form W-4 (1999)

two-earner/two-job situations. Complete all

spouse or more than one job, figure the total

worksheets that apply. They will help you figure

number of allowances you are entitled to claim

the number of withholding allowances you are

on all jobs using worksheets from only one

Purpose. Complete Form W-4 so your employer

entitled to claim. However, you may claim

Form W-4. Your withholding will usually be most

can withhold the correct Federal income tax

fewer allowances.

from your pay. Because your tax situation may

accurate when all allowances are claimed on

Child tax and higher education credits. For

change, you may want to refigure your

the Form W-4 prepared for the highest paying

details on adjusting withholding for these and

withholding each year.

job and zero allowances are claimed for the

other credits, see Pub. 919, Is My Withholding

Exemption from withholding. If you are

others.

Correct for 1999?

exempt, complete only lines 1, 2, 3, 4, and 7,

Check your withholding. After your Form W-4

Head of household. Generally, you may claim

and sign the form to validate it. Your exemption

takes effect, use Pub. 919 to see how the dollar

head of household filing status on your tax

for 1999 expires February 16, 2000.

amount you are having withheld compares to

return only if you are unmarried and pay more

Note: You cannot claim exemption from

your estimated total annual tax. Get Pub. 919

than 50% of the costs of keeping up a home for

withholding if (1) your income exceeds $700 and

especially if you used the Two-Earner/Two-Job

yourself and your dependent(s) or other

includes more than $250 of unearned income

Worksheet and your earnings exceed $150,000

qualifying individuals. See line E below.

(e.g., interest and dividends) and (2) another

(Single) or $200,000 (Married).

Nonwage income. If you have a large amount

person can claim you as a dependent on their

Recent name change? If your name on line 1

of nonwage income, such as interest or

tax return.

differs from that shown on your social security

dividends, you should consider making

Basic instructions. If you are not exempt,

card, call 1-800-772-1213 for a new social

estimated tax payments using Form 1040-ES.

complete the Personal Allowances Worksheet.

security card.

The worksheets on page 2 adjust your

Otherwise, you may owe additional tax.

withholding allowances based on itemized

Personal Allowances Worksheet

Enter “1” for yourself if no one else can claim you as a dependent

You are single and have only one job; or

Enter “1” if:

You are married, have only one job, and your spouse does not work; or

Your wages from a second job or your spouse’s wages (or the total of both) are $1,000 or less.

Enter “1” for your spouse. But, you may choose to enter -0- if you are married and have either a working spouse or

more than one job. (This may help you avoid having too little tax withheld.)

Enter number of dependents (other than your spouse or yourself) you will claim on your tax return

Enter “1” if you will file as head of household on your tax return (see conditions under Head of household above)

Enter “1” if you have at least $1,500 of child or dependent care expenses for which you plan to claim a credit

G Child Tax Credit:

If your total income will be between $20,000 and $50,000 ($23,000 and $63,000 if married), enter “1” for each

eligible child.

If your total income will be between $50,000 and $80,000 ($63,000 and $115,000 if married), enter “1” if you have

two eligible children, enter “2” if you have three or four eligible children, or enter “3” if you have five or more eligible children

Add lines A through G and enter total here. Note: This amount may be different from the number of exemptions you claim on your return.

If you plan to itemize or claim adjustments to income and want to reduce your withholding, see the Deductions

and Adjustments Worksheet on page 2.

For accuracy,

If you are single, have more than one job and your combined earnings from all jobs exceed $32,000, OR if you

complete all

are married and have a working spouse or more than one job and the combined earnings from all jobs exceed

worksheets

$55,000, see the Two-Earner/Two-Job Worksheet on page 2 to avoid having too little tax withheld.

that apply.

If neither of the above situations applies, stop here and enter the number from line H on line 5 of Form W-4 below.

Cut here and give the certificate to your employer. Keep the top part for your records.

W-4

OMB No. 1545-0010

Employee’s Withholding Allowance Certificate

Form

1999

Department of the Treasury

For Privacy Act and Paperwork Reduction Act Notice, see page 2.

Internal Revenue Service

Type or print your first name and middle initial

Last name

Your social security number

Home address (number and street or rural route)

Single

Married

Married, but withhold at higher Single rate.

Note: If married, but legally separated, or spouse is a nonresident alien, check the Single box.

City or town, state, and ZIP code

If your last name differs from that on your social security card, check

here. You must call 1-800-772-1213 for a new card

Total number of allowances you are claiming (from line H above or from the worksheets on page 2 if they apply)

Additional amount, if any, you want withheld from each paycheck

I claim exemption from withholding for 1999, and I certify that I meet BOTH of the following conditions for exemption:

Last year I had a right to a refund of ALL Federal income tax withheld because I had NO tax liability AND

This year I expect a refund of ALL Federal income tax withheld because I expect to have NO tax liability.

If you meet both conditions, write “EXEMPT” here

Under penalties of perjury, I certify that I am entitled to the number of withholding allowances claimed on this certificate, or I am entitled to claim exempt status.

Employee’s signature

(Form is not valid

Date

unless you sign it)

Employer’s name and address (Employer: Complete 8 and 10 only if sending to the IRS)

Office code

Employer identification number

(optional)

Cat. No. 10220Q

Is My Withholding Correct For 1999 - Instructions - Department Of The Treasury Page 11

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