Is it too late to change my payroll exemptions at work? Or, how often can I do it?
Is it too late to change my payroll exemptions at work? Or, how often can I do it?
Answer: No.
You can change the number of allowances or payroll exemptions anytime you wish, just submit a new W-4 form to your payroll department.
A client asked me and commented on this by saying that her employer won’t allow her to make a change in her payroll allowances. I assumed that she didn't have the right information and I suggested to ask the right question. By law, any employer must change payroll exemption any time the employee makes the proper request by following the company’s policy, of course.
Don’t be afraid to request any changes to your information. Just ask the proper question to the right person or department.
Original Post and reference: Random questions asked by taxpayers