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Form W-4 is Employee's Withholding Allowance Certificate. Employers formerly were required to submit to the IRS as W-4 forms claiming more than 10 allowances or complete exemption from withholding on weekly wages of at least $200. Employers now are required to submit W-4 forms only if the IRS specifically requests them.

For more information, go to www.irs.gov/compliance/index.html for 'Withholding Compliance Questions & Answers'. Also, go to www.irs.gov/taxtopics for Topic 753 (Form W-4 Employee's Withholding Allowance Certificate).

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Q: What is the maximum number of allowances allowed on a W-4 without having to notify the IRS?
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When do you get your income taxes back?

You get them back if you have overpaid your taxes. You get them back after you file a tax return. Of course, you can avoid overpaying your taxes in the first place. Then you wouldn't have to wait to get them back. Get a new Form W-4 from your employer's payroll or HR department and claim more allowances. Claim enough allowances to wipe out your overpayment. You will get back more in your paycheck every week instead of having to wait a whole year to get your money back.


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