PLEASE PLEASE PLEASE SOMEONE HELP ME!?
Part 1: Describe, using complete sentences, the purpose of the following three tax forms: W-4, W-2, and 1040.
Part 2: How is each form used to determine your tax liability for the year?
Stacey Warren - Expert brainly.com
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im sure if you google it it will be avaible there
I already tried ;(
w-4 is used to determine how much should be taken from your salary/payments for taxes
That's all I know
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@jim_thompson5910 @ganeshie8 @.Sam.
from this page
"Purpose. Complete Form W-4 so that your
employer can withhold the correct federal income
tax from your pay. Consider completing a new
Form W-4 each year and when your personal or
financial situation changes."
here's a page that compares a W2 and a W4
thank you do much! do you know the second part? I don't get what its saying
I think it's just asking how to fill out each individual form and who does the filing
I think with a W2, the employer files it and sends it to you, then you use that W2 to fill out either a W4 or a 1040
thank you so much for helping me! ill figure it out lol