John H. Fisher wrote:
- quote -

Additionally, there is no federal requirement that an
employee actually complete a W4 form. (HOw about THAT?) If
he chooses to, of course and claims more than 10, then it
must be forwarded to service center where 941 is sent.

And if no W4 IS submitted to employer, withholding proceeds
on the basis of S-0.

ChEAr$,
Harlan Lunsford, EA n LA
Sun, 14 Nov 2004 18:47:46

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William Brenner wrote:
- quote -

As always, Bill, you're entirely "on point". Mel Allen, of
course. And now I do remember.

- quote -

I can hear it now, Dizzy Dean announcing on Mutual radio for
the Cardinals vs the Giants. Of course those were the days
of Stan Musial.

- quote -

Well... just to set the record straight now. Please
remember that I'm a Georgia boy, and to this day,
"damnyankee" is one word. However I must have mellowed
(although some may dispute that), for I found myself rooting
for the yankees versus the Red Sox last month.

- quote -

You've got a good memory! Indeed!

Now then, back to T A X!

ChEAr$,
Harlan Lunsford, EA from GA and temporarily in LA.
Sun, 14 Nov 2004 18:36:28

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"Shyster1040" <Shyster1040[at]hotmail.com> wrote:

- quote -

Thanks for the advice guys, I ended up settling with 9
allowances. I can do this until mid-May before I have to
"turn withholding back on" so as to avoid not meeting my
yearly requirement for federal income tax.

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heljangal[at]aol.comnojunk (Helen P. OPlanick EA) writes:

- quote -

****FEDERAL REQUIREMENT: Employer must send to IRS any W-4
claiming more than 14 withholding allowances or claiming
exemption from withholding if wages are expected to be
greater than $200 per week.

BUT, NY does have a form & some states have their own
requirements:

Employee Withholding Allowance Certificates

Every employee is required to complete two Employee's
Withholding Allowance Certificates, one for the federal
government and one for state and local governments. The
marital status and number of allowances you claim on these
certificates determines the amount of taxes that are
withheld from your pay.

The Employee's Withholding Allowance Certificates are the
W-4 filed with the Internal Revenue Service and the IT-2104
filed with the NY State Department of Taxation and Finance.

http://www.nyc.gov/html/opa/html/tax...hholding.shtml

In Georgia, for instance:

Forms claiming more than 14 allowances or exempt from
withholding must be mailed to the Withholding Tax Unit, P.
O. Box 49432, Atlanta, GA 30359 for approval. Employers will
honor the form as submitted pending notification from the
Withholding Tax Section. Employers who know that a G-4 is
erroneous should not honor the form and should withhold as
if the employee is single claiming zero allowances until a
corrected form has been received. O.C.G.A. 48-7-102;
O.C.G.A. 48-7-102.1; Reg 560-7-4-.03

"Jack" - John H. Fisher - TaxService[at]aol.com
Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ
My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html

Where Ignorance is bliss, 'tis folly to be wise!=

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Harlan Lunsford, EA n LA commented:
- quote -

Harlan--
It was Mel ALLEN, the long time (1939-1964) NY Yankee
announcer, who made that expression famous.

Mel Ott was a Hall of Fame right fielder for the old
NY Giants from 1926 to 1947.

I guess that dates both of us. Considering your great love
for anything NY, I suppose you can be forgiven.

[Disclaimer: None of this information was gleaned from
the New York Times.]

Bill

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It is essentially a statement by you, under oath and subject
to penalties for perjury, that you are entitled to the
number of witholding allowances you're claiming - it puts
you on the hook for the truth of the matter, and can lead to
penalties (fines) if not true. You should check with your
employer because they may have a form document that they use
- the IRS does not appear to have issued a form to be used.
If not, a sworn statement to that effect (i.e., notarized)
should suffice. The employer has to submit it directly to
the IRS when they file their quarterly reports, so if
they're not happy with the form you use, you'll have a hard
time getting it in.

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"bPstyles" <trendonite[at]gmail.com> wrote:

- quote -

It appears there are some New York employers requiring such
a form. You'll have to get it from your employer. It appears
to be some sort of affidavit swearing that you're entitled
to the number of allowances you claim and furnishing some
sort of backup for your assertion.

IRS calls a W-4 for more than 10 allowances a "questionable W-4",
requires employers to send in such W-4s, and reviews them for
reasonableness. You can find their procedure for reviewing QW-4s
at http://www.irs.treas.gov/irm/part5/c...html#d0e210972

If you were in compliance last year (you paid at least 90%
of your tax through withholding or estimated tax payments),
IRS won't look further. Otherwise you may have to justify
your position to IRS. If you can justify your position to
within two allowances, you're probably OK.

If you were not in compliance last year, and you can't
justify the number of allowances on your W-4 (within two
allowances), IRS can issue a "lock in" directing your
employer to withhold at a particular rate and can assess a
$500 penalty against you for filing an incorrect W-4.

--
Chris Green

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bPstyles wrote:

- quote -

"Withholding Certificate AFfirmation." Hmmmm....

Sounds like a local form to me to cover employer. Canadian
perhaps?

All's that's needed here (US) is the W4, which needs be
sent to IRS. What I didn't know, and only learned other day
when the very first case of more than 10 came up, is that
although W4 may be sent to IRS more frequently, it's not
required UNTIL the 941 is sent in, and THEN, only if
employee is still on the payroll.

As Mel Ott always asked: "How about THAT?"

ChEAr$,
Harlan Lunsford, EA n LA
Fri, 12 Nov 2004 09:18:14

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bPstyles wrote:

- quote -

Never heard of it. Your W-4, which you sign "under penalty
of perjury", would be sent to the IRS for approval. If they
do not approve, the number of withholding allowances is
limited to the number specified by the IRS until they
withdraw the limitation.

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- quote -

All you fill out is a W-4 with 14 allowances and give it to
your employer. They will have to send a copy to IRS.

Helen, EA in PA
Director, NAEA; Immediate Past President, PSEA; Tax Expert, AOL
Enrolled Agents - THE Tax Professionals

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"bPstyles" <trendonite[at]gmail.com> writes:

- quote -

You misunderstand. To claim any number of Withholding
Allowances you file a W-4 with your employer. Read the form
to find out what's on it.

Phil Marti
Clarksburg, MD

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I am interested in having little to no federal taxes
withheld from my weekly income for the duration of 2004 and
until April of 2005. I have found out I can do this by
filing for 14 allowances. I understand that since I would
be claiming more than 10, I would need to fill out a
Withholding Certificate Affirmation.

Simply put, what is on this form?

---
Ashley Simpson:Lip-Synching :: Me:Kazaa

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