Protecting Your Beneficiaries
Benefit Your Beneficiaries.
Yes. A married individual can now elect to withhold at the "single" allowance rate. This allows a higher percentage of withholding for two income married spouses filing joint. Single individuals should always select the "single" allowance rate.
The Department of Revenue encourages spouses to only claim their dependents on the higher wage earner's K-4. If both spouses claim the same dependents, there is an increased risk of owing taxes when filing your income tax return.
Only claim your spouse if your spouse does not work.
Generally, you qualify only if you:
And pay more than 50 percent of the cost of keeping up a home for yourself and for your dependent(s).
Yes, as long as no single dependent has been claimed by more than one person at any time.
You should make changes to your withholding allowance only in situations that affect your income tax filing status. Changing your Kansas Form K-4 so that it differs from your filing status may increase your risk of owing taxes. You also risk being subjected to underestimate penalty, when filing your income tax return.
To qualify for exempt status you must verify with the Department of Revenue that:
Last year you had the right to a refund of all State taxes withheld because you had no tax liability;
OR This year you will receive a full refund of all State income tax withheld because you will have no tax liability.
For assistance in determining Kansas tax liability, please contact the Kansas Department of Revenue at 785-368-8222.
Employees with Kansas source wages hired after Jan. 1, 2008 are required to submit Kansas Form K-4 to their employer. The Kansas Form K-4 is optional for most employees hired before Jan. 1, 2008.
Kansas law requires Kansas employers to register with the Department of Revenue. They must withhold your taxes. It they are not, it is important to contact the Department of Revenue: otherwise you are responsible to submit an Estimated Tax for Individuals form. This form is Form K-40ES. It allows you to avoid the imposition of underestimate penalty.
Yes. Line 5 of Kansas Form K-4 allows you to enter any amount to withhold from each paycheck.
If you have Kansas source income, you are required to file a Kansas income tax return. You must also complete and submit a Kansas Form K-4 to your employer. If your income is from sources outside of Kansas and you do not live in Kansas, you are not required to complete a Kansas Form K-4.
The amount of tax withheld should be reviewed each year or on or after an event that will effect your filing status. A new form should be filed whenever there is a change in either the marital status or number of exemptions of the individual. Any changes to your Kansas withholding must be reported on a Kansas Form K-4.
Employees with Kansas source wages must complete and submit Kansas Form K-4 to their employer. The Kansas Form K-4 is optional for most employees hired before Jan. 1, 2008.
Print a copy of Kansas Form K-4, complete it, and give it to your employer.
No, you are not required to submit a copy of Kansas Form K-4 to the Kansas Department of Revenue. However, your employer may be required to send a copy of the form to the Department.
Individuals or businesses who do not file withholding tax are not required to use Kansas Form K-4. However, you need to review your tax filing obligations to avoid unnecessary penalties when you file your tax return.
This article is published on KansasMoney.gov. Find more information by contacting these state agencies: