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Get your taxes done using TurboTax
I can understand why the Form W-4 is the number one question for 2020. The withholding amount per pay period is based on your annual salary not exemptions. The instructions for the new W-4 form has a table to indicate the withholding amount based on your gross pay per pay period and annual salary.
Please refer to the link below for the W-4 withholding instructions.
https://www.irs.gov/pub/irs-pdf/fw4.pdf
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‎February 17, 2020
12:41 PM