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In this video, the IRS form W-4 is explained in detail. The focus is on showing viewers how they can control their taxes to either have a bigger paycheck or a larger tax refund. The paper version of the W-4 is reviewed, followed by an example of someone earning $100,000 to demonstrate how to control taxes. Step one involves entering personal information such as name, social security number, and address. Filing status is selected in step 1c. Steps two through four are completed if they apply to the individual.