ilmscore | Prediction Details
"whatever number that you in puts in step 3 will be how much less in taxes in federal taxes that they will be withholding from you for the year so depending on how many paychecks that you have throughout the course of the year you know it's 24 if it's bimonthly 26 if it's by weekly it's 12 if you get paid monthly so whatever number that you input there it will be spread out across how many paychecks you get so if you write in a value of 1,000 in step three then they will withhold from you a thousand dollars less in federal taxes throughout the course of the year"
By ClearValue Tax | January 26, 2020 | Pending
From video
How To Set Your W4 Tax Form to Get a Refund or Break-Even 00:06:24 - 00:07:04
Interpreted Prediction
The amount entered in Step 3 of the W-4 form dictates the total reduction in federal tax withholding for the year, spread across all paychecks.

Prediction Details

Topic
Impact of Step 3 Value on Withholding

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