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Tax purposes. It's to see how much you are to withhold from government taxes for purposes like family. If you claim 0 you are not claiming anyone, even yourself and more than likely will end up with more money on your tax return though each pay period you will be taxed more. If you claim 1+ you will be taxed less during each pay period but may receive less on your tax return and even owe the government.

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Q: What is the point of a w-4 form?
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Related questions

Where do you mail the w4 form?

no where. it is for your records


What is the Canadian equivalent of a W4 form?

the T4


I want to print my own w4 form from my computer?

I want to print out my own w2 from my computer


What form do employers use to determine how much tax to withhold?

IRS Form W4.


Where can one pick up a 2012 w4 form?

A person can pick up a 2012 w4 form at a couple of different location depending on where the person lives, such as the local library or the city hall as well.


Where can one learn to correctly learn how to fill out a W-4 form?

If you go to your local government office there are employees there that will be more than happy to show you how to fill out a W4 form. When you pick up your W4 form there is also an instruction manual that will walk you through the proper steps for filling out the form.


How do you fill out w-4 form correctly?

http://taxes.about.com/od/preparingyourtaxes/ht/W4.htm


How do you fill out w 4 form correctly?

http://taxes.about.com/od/preparingyourtaxes/ht/W4.htm


What is the difference between a W2 and a W4 form?

The W$ form is your request for the withholding of taxes from pay. The W2 is a statement of wages paid and taxes withheld.


How do I pay someone to do housework for me legally?

You will need to submit a I-9, a state and local W4, and a Federal W4.


What is a form w-4 used for?

A W4 form is an IRS or government form often provided to you by your employer. You would fill this form out so that your employer knows how much to withhold from your paycheck to put toward taxes.


What is a W-4 used for?

A W4 form is an IRS or government form often provided to you by your employer. You would fill this form out so that your employer knows how much to withhold from your paycheck to put toward taxes.