Using a search engine such as Google, Yahoo, or Bing, search the Internet for the term new-hire
Question:
Using a search engine such as Google, Yahoo, or Bing, search the Internet for the term “new-hire packet contents.” Compile a list of the different new-hire packet items that you find in at least three companies. What are some unique items that you found on the companies’ lists? Check out the IRS’s video about determining the correct amount of withholding allowances for your Form W-4.
Transcribed Image Text:
Form W-4 Department of the Treasury Internal Revenue Service - Step 1: Enter Personal Information Step 3: Claim Dependents (a) First name and middle initial Step 4 (optional): Other Adjustments Employee's Withholding Certificate ► Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay. ►Give Form W-4 to your employer. ►Your withholding is subject to review by the IRS. Last name Address Step 2: Multiple Jobs or Spouse Works Step 5: Sign Here City or town, state, and ZIP code (c) Complete Steps 2-4 ONLY if they apply to you; otherwise, skip to Step 5. See page 2 for more information on each step, who can claim exemption from withholding, when to use the estimator at www.irs.gov/W4App, and privacy. Single or Married filing separately Married filing jointly or Qualifying widow(er) Head of household (Check only if you're unmarried and pay more than half the costs of keeping up a home for yourself and a qualifying individual.) Complete this step if you (1) hold more than one job at a time, or (2) are married filing jointly and your spouse also works. The correct amount of withholding depends on income earned from all of these jobs. Do only one of the following. (a) Use the estimator at www.irs.gov/W4App for most accurate withholding for this step (and Steps 3-4); or (b) Use the Multiple Jobs Worksheet on page 3 and enter the result in Step 4(c) below for roughly accurate withholding; or Complete Steps 3-4(b) on Form W-4 for only ONE of these jobs. Leave those steps blank for the other jobs. (Your withholding will be most accurate if you complete Steps 3-4(b) on the Form W-4 for the highest paying job.) If your total income will be $200,000 or less ($400,000 or less if married filing jointly): Multiply the number of qualifying children under age 17 by $2,000 $ Multiply the number of other dependents by $500 ▶ $ (c) If there are only two jobs total, you may check this box. Do the same on Form W-4 for the other job. This option is accurate for jobs with similar pay; otherwise, more tax than necessary may be withheld .. Add the amounts above and enter the total here (a) Other income (not from jobs). If you want tax withheld for other income you expect this year that won't have withholding, enter the amount of other income here. This may include interest, dividends, and retirement income TIP: To be accurate, submit a 2022 Form W-4 for all other jobs. If you (or your spouse) have self-employment income, including as an independent contractor, use the estimator. (b) Deductions. If you expect to claim deductions other than the standard deduction and want to reduce your withholding, use the Deductions Worksheet on page 3 and enter the result here OMB No. 1545-0074 2022 (b) Social security number ► Does your name match the name on your social security card? If not, to ensure you get credit for your earnings, contact SSA at 800-772-1213 or go to www.ssa.gov. Employee's signature (This form is not valid unless you sign it.) Employers Employer's name and address Only For Privacy Act and Paperwork Reduction Act Notice, see page 3. First date of employment 4(b) S (c) Extra withholding. Enter any additional tax you want withheld each pay period. 4(c) $ . Cat. No. 10220Q Under penalties of perjury, I declare that this certificate, to the best of my knowledge and belief, is true, correct, and complete. Date 3 $ 4(a) $ Employer identification number (EIN) Form W-4 (2022)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
Typically a new hire packet includes Background check and NDA documentation To verify the candidates ...View the full answer
Answered By
Carly Cimino
As a tutor, my focus is to help communicate and break down difficult concepts in a way that allows students greater accessibility and comprehension to their course material. I love helping others develop a sense of personal confidence and curiosity, and I'm looking forward to the chance to interact and work with you professionally and better your academic grades.
4.30+
12+ Reviews
21+ Question Solved
Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
a. Log in to a search engine such as Yahoo or Google and search the news section to find information on recent or planned stock repurchases. What reasons have the companies given for the repurchases?...
-
Using a search engine such as Google, Yahoo, or Bing, search commission-based pay. Sites such as the Society for Human Resource Management (www.shrm.com) have many articles about commission-based pay...
-
What are some unique property features of materials bonded by metallic bonds?
-
Figure shows a current loop ABCDEFA carrying a current i = 5.00 A. The sides of the loop are parallel to the coordinate axes shown, with AB = 20.0 cm, BC = 30.0 cm, and FA = 10.0 cm. In unit vector...
-
In a balanced scorecard, a key strategic if-then statement is provided: if the number of defective units decreases, then market share will increase. Assume that the targeted reduction level of...
-
If the cost of production goes up, does the supply curve shift to the left or to the right?
-
For each of the following situations, calculate a \(95 \%\) confidence interval for the mean ( \(\sigma\) not known), beginning with the step, "Calculate the degrees of freedom ( \(d f\) ) and...
-
On February 1, 2018, Cromley Motor Products issued 9% bonds, dated February 1, with a face amount of $80 million. The bonds mature on January 31, 2022 (4 years). The market yield for bonds of similar...
-
If the Consumer Price Index rose from 250 to 258 in one year, what was the approximate annual inflation rate for that year? An effective financial plan must be adaptable to changing circumstances....
-
A friend says that the reason why you feel uncomfortable in muggy weather is that water molecules in the air are giving up energy while bombarding you. Do you agree or disagree with your friend?
-
Kabe Oni is a part-time worker for Senior Solvers who uses company equipment in the performance of the job duties. Kabe asks the payroll supervisor, Ikino Karn, to grant independent contractor...
-
Micha Volkov is a salaried employee earning $49,850 annually. Micha is paid twice per month. Which of the following best describes the pay frequency? 1. Biweekly 2. Semimonthly 3. Weekly 4. Monthly
-
Review the 2009 balance sheet data for Hewlett-Packard (HP) and Dell shown below. (In mllllons)................................................................Hewlett-Packard.............Dell Current...
-
Roadside Inc is fine-tuning a combination flashlight / WiFi hotspot. The new product would sell for $36.32. Variable cost of production would be $14.83 per unit. Setting up production would entail...
-
Upton is a dividend paying company. The dividend just paid, D0, was $5.30 and is expected to grow, g, for the foreseeable futures at a constant 4%. The required rate of return is 10.5%, a. Find the...
-
The estimated current purchasing price of a discount bond with a face value of $1500 and a yield to maturity of 9% is $_______ (Round your response to the nearest two decimal place) What is the...
-
2. Consider a portfolio that includes 10 private loans of $120,000 each and 200 bonds that costs $1500 each. Each private loan has a duration of 4 and convexity of 8.5 and each bond have a duration...
-
For example, a bank has assets worth IDR 100 billion and equity of IDR 10 billion. This bank's leverage ratio is 10. If the value of the bank's assets falls 5% to IDR 95 billion, the bank's equity...
-
Why has advertising on network TV become less desirable in recent years?
-
The production budget of Artest Company calls for 80,000 units to be produced. If it takes 30 minutes to make one unit and the direct labor rate is $16 per hour, what is the total budgeted direct...
-
Josie is a sales representative for Talk2Me, a communications retailer based in Fort Smith, Arkansas. Josie's sales territory is Oklahoma, and she regularly takes day trips to Tulsa to meet with...
-
Kim Corporation, a calendar year taxpayer, has manufacturing facilities in States A and B. A summary of Kims property holdings follows. Determine Kims property factors for the two states assuming...
-
True Corporation, a wholly owned subsidiary of Trumaine Corporation, generated a $400,000 taxable loss in its first year of operations. True's activities and sales are restricted to State A, which...
-
Rogers has two jobs classifications in his company: Office and Truck Drivers. Office wages were $ 4 0 , 0 0 0 in 2 0 2 2 and Truck Drivers wages were $ 1 2 0 , 0 0 0 in 2 0 2 2 . Rogers insurance...
-
Account Title Cash Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries payable...
-
York's outstanding stock consists of 90,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 160,000 shares of common stock with a $1 par value. During its first four years of...
Study smarter with the SolutionInn App