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Summary of changes to the IRS W-4 for ‘23
The Form W-4 is an important document that employees fill out to let their employers know how much federal income tax they want withheld from their paychecks. The form has been updated for 2023 by the Internal Revenue Service (IRS) to reflect some changes in the tax law and withholding calculation. Here are some of the main changes to the Form W-4 for 2023 that you should know:
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