1. What is the purpose of the W-4 form? ANSWER THE ABOVE QUESTION COMPLETELY: 2. What happens if you do not fill out a W -4 form?

1. The purpose of the W-4 form, also known as the Employee's Withholding Certificate, is to determine the amount of federal income tax that should be withheld from an employee's paycheck. The form is filled out by the employee and submitted to their employer, who uses the information to calculate the correct withholding amount. The W-4 form takes into account factors such as the employee's marital status, number of dependents, and any additional withholding allowances they may claim. By accurately filling out the W-4 form, employees can ensure that the correct amount of tax is withheld from their paychecks, which helps to avoid underpayment or overpayment of taxes throughout the year.2. If you do not fill out a W-4 form, your employer will be required to withhold the maximum amount of federal income tax from your paycheck. This can result in a significant overpayment of taxes, which may lead to a refund when you file your annual tax return. However, it is important to note that not filling out a W-4 form can also result in underpayment of taxes, which may lead to a tax bill when you file your annual tax return. Therefore, it is recommended that you fill out a W-4 form to ensure that the correct amount of tax is withheld from your paychecks.