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June 5, 2019
Question

For a W-4V is 7 percent the lowest I can request? That is too much. Can’t I do 5% which is still about $20 a month too much but at 7% it is about $45 to $50 a month to much. Must we rigidly st

  • June 5, 2019
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1 reply

June 5, 2019

7% is the lowest percentage available on Form W-4V.  See the following IRS link to the form and its instructions. https://www.irs.gov/pub/irs-pdf/fw4v.pdf

Employee
June 5, 2019
You can change it to zero later in the year.