For a W-4V is 7 percent the lowest I can request? That is too much. Can’t I do 5% which is still about $20 a month too much but at 7% it is about $45 to $50 a month to much. Must we rigidly st

834

Expert Alumni

Jun 4, 2019 6:37:29 PM

7% is the lowest percentage available on Form W-4V. See the following IRS link to the form and its instructions. https://www.irs.gov/pub/irs-pdf/fw4v.pdf

Level 15

Jun 4, 2019 6:37:30 PM

You can change it to zero later in the year.