Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up Suqarhouse's staff: The company has the following departments: Department A: Agricultural Workers Department B: Office Workers Part 1a (Static) You have been hired to start on February 1, 2022, as the new accounting clerk. Your employee number is B-STUDE, where "B" denotes that you are an office worker. Your Social Security number is 555-55-5555, you are full-time, nonexempt, and paid at a rate of $34,000 per year. You have elected to contribute 2 percent of your gross pay to your 401(k) and will have $100 per pay period for Section 125 . Complete the W-4 and the I-9 to start your own employee file. You are single with only one job. You live at 1644 Smitten Road, Woodstock, VT 05001. You will not be claiming anything for section 4 of the W-4. Your phone number is (555) 5555555. Your date of birth is 01/01/2001. You are a citizen of the United States and provide a Vermont driver's license \#88110009 expiring 01/01/24 in addition to your Social Security card for verification of your identity. Mary Shangraw verified the information for the company. Prevosti Farms and Sugarhouse is located at 820 Westminster Road, Bridgewater, VT, 05520. Prevosti has an EIN of 22-6654454. Required: Complete the W-4 for Student B Success. required. Complete the W-4 for Student B Success. Complete this question by entering your answers in the tabs below. (c) If there are only two jobs total, you may check this box. Do the same on Form W-4 for the other job. This option is accurate for jobs with similar pay; otherwise, more tax than necessary may be withheld . Tip: To be accurate, submit a 2020 Form W-4 for all other jobs. If you (or your spouse) have self-employment income, including as an independent contractor, use the estimator. Complete Steps 3-4(b) on Form W-4 for only ONE of these jobs. Stens 3-4(b) on the Form W-4 for the hiahest Davina iob.) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2023 McGraw-Hill Education. General Instructions Step 1(c). Check your anticipated filing status. This will determine the Future Developments standard deduction and tax rates used to compute your withholding. For the latest information about developments related to Form W4 , such as legislation enacted after it was published, go to Step 2. Use this step if you (1) have more than one job at the same www.irs.gov/FormW4. time, or (2) are married filing jointly and you and your spouse both work. Purpose of Form Option (a) most accurately calculates the additional tax you need Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay. If too little is withheld, you will generally owe tax when you file your tax return and may If you (and your spouse) have a total of only two jobs, you may owe a penalty. If too much is withheld, you will generally be due a instead check the box in option (c). The box must also be checked refund. Complete a new Form W-4 when changes to your personal on the Form W-4 for the other job. If the box is checked, the standard or financial situation would change the entries on the form. For deduction and tax brackets will be cut in half for each job to calculate more information on withholding and when you must furnish a new withholding. This option is roughly accurate for jobs with similar pay; Form W-4, see Pub. 505. Tax Withholding and Estimated Tax. otherwise, more tax than necessary may be withheld, and this extra amount will be larger the greater the difference in pay is between the two jobs. Exemption from withholding. You may claim exemption from withholding for 2022 if you meet both of the following conditions: Multiple jobs. Complete Steps 3 through 4 (b) on only one Form W-4. you had no federal income tax liability in 2021 and you expect to Withholding will be most accurate if you do this on the Form W-4 for have no federal income tax liability in 2022. You had no federal the highest paying job. income tax liability in 2021 if (1) your total tax on line 24 on your 2021 Form 1040 or 1040 -SR is zero (or less than the sum of lines 27,28,29 and 30 ), or (2) you were not required to file a return because your income was below the filing threshold for your Step 3. This step provides instructions for determining the amount of correct filing status. If you claim exemption, you will have no _ the child tax credit and the credit for other dependents that you may income tax withheld from your paycheck and may owe taxes and be able to claim when you file your tax return. To qualify for the child penalties when you file your 2022 tax return. To claim exemption tax credit, the child must be under age 17 as of December 31 , must from withholding, certify that you meet both of the conditions be your dependent who generally lives with you for more than half above by writing "Exempt"onFormW4inthespacebelowSteptheyear,andmusthavetherequiredsocialsecuritynumber.You 4(c). Then, complete Steps 1(a), 1(b), and 5. Do not complete any may be able to claim a credit for other dependents for whom a child other steps. You will need to submit a new Form W-4 by February tax credit can't be claimed, such as an older child or a qualifying 15,2023. relative. For additional eligibility requirements for these credits, see Pub. 501, Dependents, Standard Deduction, and Filing Information. You can also include other tax credits for which you are eligible in Your privacy. If you prefer to limit information provided in Steps 2 this step, such as the foreign tax credit and the education tax credits. through 4, use the online estimator, which will also increase_ To do so, add an estimate of the amount for the year to your credits accuracy. for dependents and enter the total amount in Step 3. Including these credits will increase your paycheck and reduce the amount of any refund you may receive when you file your tax return. As an alternative to the estimator: if you have concerns with Income tax withheld trom your paycheck and may owe taxes and penalties when you file your 2022 tax return. To claim exemption tax credit, the child must be under age 17 as of December 31 , must from withholding, certify that you meet both of the conditions be your dependent who generally lives with you for more than half above by writing "Exempt" on Form W-4 in the space below Step the year, and must have the required social security number. You 4(c). Then, complete Steps 1(a), 1(b), and 5. Do not complete any may be able to claim a credit for other dependents for whom a child other steps. You will need to submit a new Form W-4 by February tax credit can't be claimed, such as an older child or a qualifying 15,2023. relative. For additional eligibility requirements for these credits, see Pub. 501, Dependents, Standard Deduction, and Filing Information. You can also include other tax credits for which you are eligible in Your privacy. If you prefer to limit information provided in Steps 2 this step, such as the foreign tax credit and the education tax credits. through 4 , use the online estimator, which will also increase to do so, add an estimate of the amount for the year to your credits accuracy. for dependents and enter the total amount in Step 3. Including these credits will increase your paycheck and reduce the amount of any refund you may receive when you file your tax return. As an alternative to the estimator: if you have concerns with Step 2(c), you may choose Step 2(b); if you have concerns with Step 4(a), you may enter an additional amount you want withheld per pay period in Step 4(c). If this is the only job in your household, you may instead check the box in Step 2(c), which will Step 4 (optional). increase your withholding and significantly reduce your paycheck Step 4(a). Enter in this step the total of your other estimated (often by thousands of dollars over the year). income for the year, if any. You shouldn't include income from any jobs or self-employment. If you complete Step 4(a), you likely won't have to make estimated tax payments for that income. If you prefer to pay estimated tax rather than having tax on other income withheld When to use the estimator. Consider using the estimator at from your paycheck, see Form 1040-ES, Estimated Tax for WWW.irs.gov/W 4 App if you: Individuals. 1. Expect to work only part of the year, Step 4(b). Enter in this step the amount from the Deductions 2. Have dividend or capital gain income, or are subject to Worksheet, line 5 , if you expect to claim deductions other than the additional taxes, such as Additional Medicare Tax; basic standard deduction on your 2022 tax return and want to reduce your withholding to account for these deductions. This includes both 3. Have self-employment income (see below); or itemized deductions and other deductions such as for student loan 4. Prefer the most accurate withholding for multiple job situations. Self-employment. Generally, you will owe both income and self- Step 4(c). Enter in this step any additional tax you want withheld employment taxes on any self-employment income you receive from your pay each pay period, including any amounts from the separate from the wages you receive as an employee. If you want Multiple Jobs Worksheet, line 4 . Entering an amount here will reduce to pay these taxes through withholding from your wages, use the your paycheck and will either increase your refund or reduce any estimator at wWw.irs.gov/W/App to figure the amount to have amount of tax that you owe. withheld. Nonresident alien. If you're a nonresident alien, see Notice 1392, Supplemental Form W-4 Instructions for Nonresident Aliens, before completing this form. Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up Suqarhouse's staff: The company has the following departments: Department A: Agricultural Workers Department B: Office Workers Part 1a (Static) You have been hired to start on February 1, 2022, as the new accounting clerk. Your employee number is B-STUDE, where "B" denotes that you are an office worker. Your Social Security number is 555-55-5555, you are full-time, nonexempt, and paid at a rate of $34,000 per year. You have elected to contribute 2 percent of your gross pay to your 401(k) and will have $100 per pay period for Section 125 . Complete the W-4 and the I-9 to start your own employee file. You are single with only one job. You live at 1644 Smitten Road, Woodstock, VT 05001. You will not be claiming anything for section 4 of the W-4. Your phone number is (555) 5555555. Your date of birth is 01/01/2001. You are a citizen of the United States and provide a Vermont driver's license \#88110009 expiring 01/01/24 in addition to your Social Security card for verification of your identity. Mary Shangraw verified the information for the company. Prevosti Farms and Sugarhouse is located at 820 Westminster Road, Bridgewater, VT, 05520. Prevosti has an EIN of 22-6654454. Required: Complete the W-4 for Student B Success. required. Complete the W-4 for Student B Success. Complete this question by entering your answers in the tabs below. (c) If there are only two jobs total, you may check this box. Do the same on Form W-4 for the other job. This option is accurate for jobs with similar pay; otherwise, more tax than necessary may be withheld . Tip: To be accurate, submit a 2020 Form W-4 for all other jobs. If you (or your spouse) have self-employment income, including as an independent contractor, use the estimator. Complete Steps 3-4(b) on Form W-4 for only ONE of these jobs. Stens 3-4(b) on the Form W-4 for the hiahest Davina iob.) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2023 McGraw-Hill Education. General Instructions Step 1(c). Check your anticipated filing status. This will determine the Future Developments standard deduction and tax rates used to compute your withholding. For the latest information about developments related to Form W4 , such as legislation enacted after it was published, go to Step 2. Use this step if you (1) have more than one job at the same www.irs.gov/FormW4. time, or (2) are married filing jointly and you and your spouse both work. Purpose of Form Option (a) most accurately calculates the additional tax you need Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay. If too little is withheld, you will generally owe tax when you file your tax return and may If you (and your spouse) have a total of only two jobs, you may owe a penalty. If too much is withheld, you will generally be due a instead check the box in option (c). The box must also be checked refund. Complete a new Form W-4 when changes to your personal on the Form W-4 for the other job. If the box is checked, the standard or financial situation would change the entries on the form. For deduction and tax brackets will be cut in half for each job to calculate more information on withholding and when you must furnish a new withholding. This option is roughly accurate for jobs with similar pay; Form W-4, see Pub. 505. Tax Withholding and Estimated Tax. otherwise, more tax than necessary may be withheld, and this extra amount will be larger the greater the difference in pay is between the two jobs. Exemption from withholding. You may claim exemption from withholding for 2022 if you meet both of the following conditions: Multiple jobs. Complete Steps 3 through 4 (b) on only one Form W-4. you had no federal income tax liability in 2021 and you expect to Withholding will be most accurate if you do this on the Form W-4 for have no federal income tax liability in 2022. You had no federal the highest paying job. income tax liability in 2021 if (1) your total tax on line 24 on your 2021 Form 1040 or 1040 -SR is zero (or less than the sum of lines 27,28,29 and 30 ), or (2) you were not required to file a return because your income was below the filing threshold for your Step 3. This step provides instructions for determining the amount of correct filing status. If you claim exemption, you will have no _ the child tax credit and the credit for other dependents that you may income tax withheld from your paycheck and may owe taxes and be able to claim when you file your tax return. To qualify for the child penalties when you file your 2022 tax return. To claim exemption tax credit, the child must be under age 17 as of December 31 , must from withholding, certify that you meet both of the conditions be your dependent who generally lives with you for more than half above by writing "Exempt"onFormW4inthespacebelowSteptheyear,andmusthavetherequiredsocialsecuritynumber.You 4(c). Then, complete Steps 1(a), 1(b), and 5. Do not complete any may be able to claim a credit for other dependents for whom a child other steps. You will need to submit a new Form W-4 by February tax credit can't be claimed, such as an older child or a qualifying 15,2023. relative. For additional eligibility requirements for these credits, see Pub. 501, Dependents, Standard Deduction, and Filing Information. You can also include other tax credits for which you are eligible in Your privacy. If you prefer to limit information provided in Steps 2 this step, such as the foreign tax credit and the education tax credits. through 4, use the online estimator, which will also increase_ To do so, add an estimate of the amount for the year to your credits accuracy. for dependents and enter the total amount in Step 3. Including these credits will increase your paycheck and reduce the amount of any refund you may receive when you file your tax return. As an alternative to the estimator: if you have concerns with Income tax withheld trom your paycheck and may owe taxes and penalties when you file your 2022 tax return. To claim exemption tax credit, the child must be under age 17 as of December 31 , must from withholding, certify that you meet both of the conditions be your dependent who generally lives with you for more than half above by writing "Exempt" on Form W-4 in the space below Step the year, and must have the required social security number. You 4(c). Then, complete Steps 1(a), 1(b), and 5. Do not complete any may be able to claim a credit for other dependents for whom a child other steps. You will need to submit a new Form W-4 by February tax credit can't be claimed, such as an older child or a qualifying 15,2023. relative. For additional eligibility requirements for these credits, see Pub. 501, Dependents, Standard Deduction, and Filing Information. You can also include other tax credits for which you are eligible in Your privacy. If you prefer to limit information provided in Steps 2 this step, such as the foreign tax credit and the education tax credits. through 4 , use the online estimator, which will also increase to do so, add an estimate of the amount for the year to your credits accuracy. for dependents and enter the total amount in Step 3. Including these credits will increase your paycheck and reduce the amount of any refund you may receive when you file your tax return. As an alternative to the estimator: if you have concerns with Step 2(c), you may choose Step 2(b); if you have concerns with Step 4(a), you may enter an additional amount you want withheld per pay period in Step 4(c). If this is the only job in your household, you may instead check the box in Step 2(c), which will Step 4 (optional). increase your withholding and significantly reduce your paycheck Step 4(a). Enter in this step the total of your other estimated (often by thousands of dollars over the year). income for the year, if any. You shouldn't include income from any jobs or self-employment. If you complete Step 4(a), you likely won't have to make estimated tax payments for that income. If you prefer to pay estimated tax rather than having tax on other income withheld When to use the estimator. Consider using the estimator at from your paycheck, see Form 1040-ES, Estimated Tax for WWW.irs.gov/W 4 App if you: Individuals. 1. Expect to work only part of the year, Step 4(b). Enter in this step the amount from the Deductions 2. Have dividend or capital gain income, or are subject to Worksheet, line 5 , if you expect to claim deductions other than the additional taxes, such as Additional Medicare Tax; basic standard deduction on your 2022 tax return and want to reduce your withholding to account for these deductions. This includes both 3. Have self-employment income (see below); or itemized deductions and other deductions such as for student loan 4. Prefer the most accurate withholding for multiple job situations. Self-employment. Generally, you will owe both income and self- Step 4(c). Enter in this step any additional tax you want withheld employment taxes on any self-employment income you receive from your pay each pay period, including any amounts from the separate from the wages you receive as an employee. If you want Multiple Jobs Worksheet, line 4 . Entering an amount here will reduce to pay these taxes through withholding from your wages, use the your paycheck and will either increase your refund or reduce any estimator at wWw.irs.gov/W/App to figure the amount to have amount of tax that you owe. withheld. Nonresident alien. If you're a nonresident alien, see Notice 1392, Supplemental Form W-4 Instructions for Nonresident Aliens, before completing this form