Filing or updating your W-4 form this tax season is an important step in managing your financial health, but not always.

Federal Form W-4 is used to help employers collect information needed to take out the proper amount of federal income taxes from employees’ paychecks. What the employee enters on the form will affect ...

A W-4, or Employee's Withholding Certificate, is an IRS form employees in the U.S. fill out to let their employer know how ...

It can also lower or prevent a tax bill when you file your federal tax return next year. File a New W-4 Form to Change Your Tax Withholding There are many reasons why your tax withholding could be ...

But you likely filled out a W-4 form, which helps to determine how much of your income your employer will withhold, or keep from your paycheck for federal taxes. Having too much tax withheld can ...