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Claiming 1 allowance is typically a good idea if you are single and you only have one job. You should claim 1 allowance if you are married and filing jointly. If you are filing as the head of the household, then you would also claim 1 allowance.
By placing a 0 on line 5, you are indicating that you want the most amount of tax taken out of your pay each pay period. If you wish to claim 1 for yourself instead, then less tax is taken out of your pay each pay period.
Claiming 1 reduces the amount of taxes that are withheld, which means you will get more money each paycheck instead of waiting until your tax refund. You could also still get a small refund while having a larger paycheck if you claim 1.
To be exempt from withholding, you must: Have owed no federal income tax in the prior tax year. Expect to owe no federal income tax in the current tax year.
Rev. 01.14.2020. The AR4EC Employees Withholding Exemption Certificate must be completed by employees so employers know how much state income tax to withhold from wages. This form should be provided to employees at time of hire or upon request and should be maintained in conjunction with the federal Form W-4.
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A single person who lives alone and has only one job should place a 1 in part A and B on the worksheet giving them a total of 2 allowances. A married couple with no children, and both having jobs should claim one allowance each. You can use the Two Earners/Multiple Jobs worksheet on page 2 to help you calculate this.
Claiming 1 allowance is typically a good idea if you are single and you only have one job. You should claim 1 allowance if you are married and filing jointly. If you are filing as the head of the household, then you would also claim 1 allowance. You will likely be getting a refund back come tax time.
Employees Withholding Exemption Certificate Instructions. Page 1. AR4EC. STATE OF ARKANSAS. Employees Withholding Exemption Certificate.
What Does Filing Exempt on a W-4 Mean? When you file as exempt from withholding with your employer for federal tax withholding, you dont make any federal income tax payments during the year. (A taxpayer is still subject to FICA tax.)
Please call Financial Services Payroll at 501-916-3318 for assistance with this form or if you have other questions.

ar4ec withholding