WorksheetsW-4 Form
Total questions: 11
Worksheet time: 23mins
What is Maxwell’s filing status?
Single
Married Filing Jointly
Head of Household
Dependent
Which statement below is TRUE, based on this W-4 form?
Maxwell and his spouse are planning to itemize their deductions this year
Maxwell and his spouse have similar salaries but Maxwell earns a little more
Maxwell and his spouse both work at Big City Office Furniture
Maxwell works; his spouse does not
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 W-4.
Maxwell’s spouse should fill out a W-4 but should not complete Steps 3-4b.
Maxwell’s spouse should fill out a W-4 and should also complete Steps 3-4b.
Maxwell’s spouse should fill out a W-4 but leave the box in Step 2c unchecked.
In order to fill out this W-4 form, Maxwell needed to know all of this information EXCEPT…
His Social Security number
His address
The amount of taxes he’s paid in the last five years
The number of dependents he plans to claim on his tax return
Assume that Maxwell and his spouse anticipate earning around $110,000 in combined income during 2021. Given how he’s 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
In June, Maxwell’s father comes to live in their home and can count as Maxwell’s dependent. What steps does Maxwell need to take next?
There are no steps Maxwell needs to take
Submit a new W-4, claiming $500 more in Box 3
Submit a new W-4, claiming $2000 more in Box 3
Verbally tell the HR department at Big City Office Furniture
How much EXTRA money is Maxwell having held from each paycheck?
$0
$10
$50
Cannot tell from this form
A W-4 form is given to you by your employer to complete for that specific job. Which statement below is definitely TRUE?
He started working at this job during the 2019 tax year
He submitted the W-4 a few days after he started
He completed this W-4 for his job at Big City Office Furniture
He lives and works in the same city
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
Why is it extremely important to read the fine print of your W-4 form?
