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Question:Q: What is a personal allowance? What was the amount of personal allowance for 2014? A: Personal allowance is the types of withholding allowances that

Question:Q: What is a personal allowance? What was the amount of personal allowance for 2014?

A: Personal allowance is the types of withholding allowances that may be claimed by employees for income tax withholding and the purpose and use of form W-4. $3,950 in 2014 and one deduction for spouse as long as he/she are not claimed as a dependent on someone elses taxes. Can't be claimed on other jobs or spouses job.

Q: What is form 944?

A: Replaces Form 941 for employers who owe $1,000 or less in employment taxes for the year

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Would this form be used mostly for larger or smaller businesses?and please explained why

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