A W-4 form 2023 PDF is a fillable document used by employees in the United States to provide their employers with information needed to calculate federal income tax withholding. It is a legal document that helps determine the amount of taxes withheld from an employee’s paycheck each pay period.
The W-4 form is an important document that can help employees ensure they are paying the correct amount of taxes. Completing the form accurately can help avoid underpayment or overpayment of taxes, which can lead to penalties or refunds. Historically, the W-4 form has undergone several revisions to reflect changes in tax laws and withholding guidelines.