I'm here to shed a light on that, sarahcpa.
I've read all your previous posts. In the new W-4 form, we'll have to enter the dollar amount in the Claim Dependent field. You can follow the steps below in entering the information:
- Select Employees from the top bar menu.
- Choose Employee List.
- Select the name of the employee.
- Click Payroll Info, and then select Taxes
- On the W-4 Form dropdown, select 2020 and Later.
- Make sure your employee complies with the points on the Federal W-4 form popup, and then select OK.
- Enter the employee's W-4 information into the form
- Hit OK to save the changes.
I've also listed the different entries that need to be set up for the new employees who are required to fill out the new 2020 Form W-4 but fail to submit:
- Filing Status = Single
- Multiple Jobs/Spouse Works (2c) = Not Checked
- Claim Dependent Amount = $0
- Other Income = $0
- Deductions = $0
- Extra Withholding = $0
I encourage you to read this article to stay current with the latest updates of the Federal W-4: What’s changing with the Federal W-4?
I'll be right here to help you further sarahcpa. Don't think twice tag me in your comment below if you have further questions about the new W-4 form.
