Get Mississippi Form 89-350-98-1 Employee Exemption Certificate

Purpose: This certificate, DE 4, is for California Personal Income Tax (PIT) withholding purposes only. The DE 4 is used to compute the amount of taxes to be withheld from your wages, by your employer, to accurately reflect your state tax withholding obligation.

What Does Filing Exempt on a W-4 Mean? When you file as exempt from withholding with your employer for federal tax withholding, you don't make any federal income tax payments during the year. (A taxpayer is still subject to FICA tax.)

Filing for exemption from withholding won't cause you to pay any less in taxes. If you owe taxes but file as exempt, you'll have to pay the full tax bill when you file your taxes next year. Not only that, but the IRS can charge you additional penalties for failing to withhold.

To claim exempt, write EXEMPT under line 4c. You may claim EXEMPT from withholding if: o Last year you had a right to a full refund of All federal tax income and o This year you expect a full refund of ALL federal income tax. NOTE: if you claim EXEMPT you must complete a new W-4 annually in February.

Claiming personal exemptions: (a) Single Individuals enter $6,000 on Line 1. (b) Married individuals are allowed a joint exemption of $12,000.

Form W-4 Employee's Withholding Allowance Certificate Complete Form W-4, Employee's Withholding Allowance Certificate, so that your employer can withhold the correct federal income tax from your pay. Nonresident alien individuals are subject to special instructions for completing the Form W-4.

Form 89-350​​ - Withholding Exemption Certificate Completed by employee; retained by employer.

Along with those deductions, there is also a personal exemption in Mississippi. The exemption is $5,000 for single filers and $10,000 for joint filers. Taxpayers can claim additional exemptions of $1,500 per dependent.