Publication 505 - Tax Withholding And Estimated Tax Page 13
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49Figure A. Exemption From Withholding on Form W-4
Note: Do not use this chart if you are 65 or older or blind, or if you will itemize your deductions or claim exemptions for dependents
or tax credits. Instead, see the discussions in this chapter under Exemption From Withholding.
Start Here
For 2001, did you have a
No
You CANNOT claim
right to a refund of ALL
exemption from
federal income tax withheld
withholding.
because you had NO tax
liability?
Yes
Yes
Will your 2002 total income be more than the amount
shown below for your filing status?
Single
$ 7,700
For 2002, will
No
Head of household
9,900
someone (such as
Married filing separately for
your parent) be able
BOTH 2001 and 2002
6,925
to claim you as a
Other married status (include BOTH
dependent?
spouses’ income whether filing
separately or jointly)
13,850
Qualifying widow(er)
10,850
Yes
No
No
Will your 2002 income
be more than $750?
Yes
Yes
Will your 2002 income
You CANNOT claim
You CAN claim
include more than $250
exemption from
exemption from
of unearned income
withholding.
withholding.
(interest, dividends, etc.)?
No
No
Yes
Will your 2002 total income be:
$4,700 or less if single, or
$3,925 or less if married?
Your employer can choose not to withhold
Special rule. Your employer can choose to
Taxable Fringe
treat a benefit provided during November or
income tax on the value of your personal use of
December as paid in the next year. Your em-
a car, truck, or other highway motor vehicle
Benefits
ployer must notify you if this rule is used.
provided by your employer. Your employer must
notify you if this choice is made.
Example 1.6. Your employer considers the
The value of certain noncash fringe benefits you
value of benefits paid from November 1, 2000,
When benefits are considered paid. Your
receive from your employer is considered part of
through October 31, 2001, as paid to you in
your pay. Your employer generally must with-
employer can choose to treat a fringe benefit as
2001. To determine the total value of benefits
hold income tax on these benefits from your
paid by the pay period, by the quarter, or on
paid to you in 2002, your employer will add the
regular pay for the period the benefits are paid or
some other basis as long as the benefit is con-
value of any benefits paid in November and
considered paid.
sidered paid at least once a year. Your employer
December of 2001 to the value of any benefits
can treat the benefit as being paid on one or
For information on fringe benefits, see Fringe
paid in January through October of 2002.
Benefits under Employee Compensation in Pub-
more dates during the year, even if you get the
lication 525.
entire benefit at one time.
Chapter 1 Tax Withholding for 2002
Page 13
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