7 Reasons to File a New Tax Withholding Form - DailyFinance

7 Reasons to File a New Tax Withholding Form - DailyFinance

Sign Up 7 Reasons to File a New Tax Withholding Form Recent Posts × Some financial tasks can be taken care of when life slows down, and when you can give financial matters full attention. Filing a new tax withholding form or W-4 Form, however, is not one of them. The best time to file a new tax withholding form with your employer is precisely when your life is in upheaval -- you're getting married or divorced, buying a house and moving into it, or even bringing a new baby home from the hospital. The bigger the change in your life, the more important it is to make sure you're having the right amount of income tax withheld from your pay. If you experienced any of these events in your life recently, it may be time for you to check your withholding levels and file a new Form W-4, if necessary: You get married. Getting married changes your tax status -- even if you don't file a joint return. If one spouse makes most of the money, or if one spouse doesn't work,

Read full article from 7 Reasons to File a New Tax Withholding Form - DailyFinance