Question: Which statement is TRUE regarding the redesigned Form W-4 Employee's Withholding Certificate? A. The Tax Cuts and Jib Actz eliminated personal and dependency exemptions. As

Which statement is TRUE regarding the redesigned Form W-4 Employee's Withholding Certificate?

A. The Tax Cuts and Jib Actz eliminated personal and dependency exemptions. As a result the 2020 Form W-4does not refer to Withholding allowance

B The Tax Cuts and Jobs Acts of 2017 eliminate personal and dependency exemptions. As a result, a standard deduction amount is multiple by the number on individuals (taxpayer, spouse, and any dependents)

C. On the 2020 Form W-4, a means of indicating the taxpayer is exempt from withholding is recorded in Step 1, Enter Personal information

D. The amount of tax a taxpayer expects to owe for the year, after subtracting expected amounts withheld and certain refundable credits, is reported on the 2020 Form W-4, Step 4c, Extra Withholding

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