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3402(f) (2)-1T(g)(2)(iv), an employee may appeal the IRS-imposed limit on withholding exemptions by submitting a new Form W-4, along with a written statement supporting his or her number of exemptions, directly to the Service rather than to the employer (which was required under the former regulations). A simple example comes to mind: Years ago, people got the ingenious idea that if they put 99 withholding exemptions on their W-4s, there'd be no withholding. Q: What are withholding exemptions for individual sellers? |
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