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Video instructions and help with filling out and completing where do i send my w-4 form
Music alright ladies and gentlemen I want to share with you how to properly fill out your w-4 I've been getting a lot of people wanting me to explain to them how you can properly fill out your w-4 so before I start I want to start off by saying thank you for listening to me my name is Greg Napier I'm from the state of Ohio Columbus the City of Columbus and I want to share with you why the government says that 83% of Americans are filling out their w-4 form incorrectly and the example on what I use is going to be quite simple it's going to be a single parent with two children now before I showed this to a couple people you would think that a single parent she would put down well he would put down whichever the case may be themself and two kids and that would be it and that's what you would put on your form there's a lot more to their form than just putting yourself and two children because you are leaving a lot of money on the table when I say you leaving a lot of money on the table you're leaving a lot of money on the table to the tune of thousands and let me explain something to you real quickly the IRS is not a bank the IRS is a holding tank that takes in your money millions of dollars each and every week and they deposited into banks of their choice and what happens is the banks are taking your money and loaning your money out and high interest rate lower interest rates whatever they want okay but that's just how the games play in return the IRS is sending you an income tax refund at the end of the year okay I'm gonna give you some heads up here I'm like most Americans that don't even are not even aware of this and this is a legal document that comes from the IRS you can go to irs.gov and you can actually download this and fill it out online or you can print it and fill it out manually turn it in to your HR department in the past and right now you probably only saw this piece right here called the whip the employees withholding allowances now I'm going to share with you how to just fill out a portion of it and remember this example is a single parent two children remember that it's going to make a lot of sense and here's here's a reason why I'm sharing this because so many people just don't understand that they that's their money you do not have to wait until the end of the year to get a refund check can you fill this out on your own yes most Americans don't fill it how properly because they didn't even know that there was a front side and a back side.