Reading a W-4

What is Maxwell's filing status

• Single

• Married filing Jointly

• Head of Household

• Dependent

How much EXTRA money is Maxwell having held from each paycheck?

• $0

• $10

• $50

• Cannot tell from this form

Which of the following is TRUE based on how Maxwell has filled out this W-4

• Maxwell's spouse does not need to fill out a W4

• Maxwell's spouse should fill out a W4 but should not complete Steps 3-4b

• Maxwell's spouse should fill out a W4 and should also complete Steps 3-4b

• Maxwell's spouse should fill out a W4 but leave the box in Step 2c unchecked

To fill out his W4, Maxwell must have needed to know the following (choose ALL correct answers):

• His Social Security Number

• His address

• The amount of taxes he has paid in the last five years

• The number of dependents he plans to claim on his tax return

Maxwell and his spouse anticipate earning around $110,000 in combined income during 2020. Given how he has completed this W-4 form, how many children do Maxwell and his spouse share?

• 1

• 2

• 3

• 4

If Maxwell and his spouse were to have another child, but all other aspects of their life stayed the same, which entries on a new W-4 form would he need to change?

• No need to change the form

• Step 2

• Step 3

• Step 4

When Maxwell completes this W-4, who should he submit it to?

• Big City Office Furniture

• The IRS

• No one - he keeps it for his records

• His spouse