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How to Adjust a W-4 Tax Form

Contributor
By Steve Brachmann
eHow Contributing Writer
Filing taxes can be tricky, and honest mistakes are made often.
Filing taxes can be tricky, and honest mistakes are made often.
Photo by David Morris (License: Creative Commons Attribution)

Form W-4 is an IRS tax document that informs the government and your employer how much in taxes should be withheld from your paycheck every week. Your dependency status, your family situation and the size of your household all play a role in the Personal Allowances Worksheet portion of the W-4 form. If your family situation changes during the year, and your W-4 form isn't adjusted to reflect it, you may be subject to federal fines. Here's how to adjust your W-4 form to account for necessary changes in payroll withholding.

From Quick Guide: Tax Withholding 101
Difficulty: Easy
Instructions

Things You'll Need:

  • IRS Form W-4
  • IRS Form 1040-X (if necessary)
  1. Step 1

    Obtain a new IRS Form W-4 for the tax year in question. To print a copy of Form W-4 from the Internet quickly, visit the IRS' homepage at irs.gov. In the top left margin, under 'Forms and Publications,' you will see where it says 'Form W-4.' Click the hyperlink, which will take you to a PDF version of Form W-4.

  2. Step 2

    Complete your W-4 form, making the appropriate changes where applicable. For example, on the 2009 Form W-4, if you earn less than $84,000 and you have an additional child during the year, you should add the appropriate number to the Child Tax Credit space, line G. If you become married during the year, you'll have to add a '1' to line C.

  3. Step 3

    File the newly completed W-4 form with your employer. Once they have that form filed, the appropriate changes should be made to your paycheck withholding.

  4. Step 4

    If you need to make an adjustment to a W-4 form for a year that has already been filed, you will need to obtain Form 1040-X, which allows you to file corrections on past tax returns with the IRS. To obtain one, visit irs.gov and click the hyperlink under Forms and Publications. Under Download Forms and Publications, select Form and Instruction Number (PDF). Once there, enter the term 1040-X into the Find search field, then push Find. Click on the link for Form 1040-X under the list titled Product Number. Use this form to make any adjustments that were omitted on the tax return in question. This will generally result in the IRS owing you more money, or you owing the IRS additional money. File the form by sending it to the IRS, with a check or money order if necessary.

Tips & Warnings
  • Form 1040-X only allows you to adjust tax returns made in the last year, so don't let necessary adjustments wait for too long.
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