Your W-4 Is a Paycheck Setting, Not a Once-in-a-Lifetime Form
The first paycheck after a raise should feel good. Sometimes it does not. The gross pay is higher, but the amount reaching the bank account looks strangely small. Or the opposite happens: take-home pay rises, then tax season ends with an uncomfortable balance due. People often blame payroll in general. A better place to begin is the Form W-4 on file. Form W-4 tells an employer how to calculate...
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