Step 2: Account for multiple jobs For the highest paying job’s W-4, fill out steps 2 to 4(b) of the W-4. Leave those steps blank on the W-4s for the other jobs. If you’re married and filing jointly, and you both earn about the same amount, you can check a box indicating as much.

Do I have to fill out steps 2 4 on w4?

Guiding employees on how to fill out the 2021 W-4. All employees need to complete steps 1 and 5 in the new W-4. Steps 2, 3, and 4 are only completed if certain criteria apply.

What is step 2c on w4?

Step 2 2c: Use this step if you (1) have more than one job at the same time, or (2) are married filing jointly and you and your spouse both work. If you (and your spouse) have a total of only two jobs, you may instead check the box in option (c). The box must also be checked on the Form W-4 for the other job.

Do you have to fill out Form W-4 for employees?

That way, you can guide your workers through the process—and make sure you have the information you need to accurately calculate their tax withholdings. All employees must complete steps 1 and 5 on Form W-4. Steps 2, 3, and 4 only need to be filled out if they apply to the employee.

When to check step 2 on Form W-4?

Step 2 (c): If you (and your spouse) have a total of only two jobs held at the same time, you may check the box in Step 2 (c) on the Forms W-4 for both jobs. That is, to use this option, you should complete a Form W-4 for each job with the box in Step 2 (c) checked.

What do you need to know about the 2020 Form W-4?

The old Form W-4 accounted for multiple jobs using detailed instructions and worksheets that many employees may have overlooked. Step 2 of the redesigned Form W-4 lists three different options you should choose from to make the necessary withholding adjustments. Note that, to be accurate, you should furnish a 2020 Form W-4 for all of these jobs.

How does a W-4 withholding certificate work?

The W-4 Employee’s Withholding Certificate is a tax form (available on irs.gov) that allows employees to elect how much income tax is withheld from their paychecks. Here’s how it works: an employer gives Form W-4 to the employee.