how do i fill out this line w4?

7 I claim exemption from withholding for 2007, and I certify that I meet both of the following conditions for exemption. c Last year I had a right to a refund of all federal income tax withheld bec ause I had no tax liability and c This year I expect a refund of all federal income tax withheld because I expect to have no tax liab ility. 7 If you meet both conditions, write “Exempt” here

Public Comments

  1. You need to clarify your personal situation. Everyone is different.
  2. It means that if you don't think you will make enough in 2007 to pay income tax, write exempt and they won't withhold anything. I think the maximum you can make and not have to pay taxes, (single) is $7825
  3. Ask the HR professional of the company that you're going to work for.
  4. If you met the conditions then write "exempt".
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