Are you starting a new job or career? You will need to fill out a W4 form when you start. Employers use the W4 form, aka the Employee's Withholding Allowance Certificate, to determine how much to withhold from your paycheck for federal income taxes. This brief video explains how to fill out a W4, including claiming 0 or 1. (The more personal allowances you claim, the smaller the amount withheld for taxes.) Watch this to learn the basics of taxes, dependents and exemptions.

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