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Sign up freeThe Key West Citizen
Key West, Monroe County, Florida
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IRS District Director Laurie W. Tomlinson advises taxpayers who owed additional 1958 income taxes due to insufficient withholding to adjust by reducing exemptions on Form W-4 or requesting extra withholding from employers.
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Laurie W. Tomlinson, District Director of the Internal Revenue Service says you can avoid this situation next time in an easy way.
You can increase your withholding simply by dropping one or more of the exemptions you claim on Form W-4, Withholding Exemption Certificate, Tomlinson says. And if this doesn't do the trick, you can ask your employer to withhold any additional amount necessary to cover your liability in full, Tomlinson added.
Taxpayers who wish to reduce the number of exemptions claimed for withholding purposes need only file a new Form W-4 with their employer, Tomlinson says.
But those who need a further increase in their withholding must have a written agreement with their employer.
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Domestic News Details
Event Date
1958
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Laurie W. Tomlinson, District Director of the Internal Revenue Service, advises taxpayers who owed additional income taxes for 1958 due to insufficient withholding to avoid this by reducing exemptions on Form W-4 or requesting additional withholding from employers via a written agreement.