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Laredo Texas W-4 Form 2022: What You Should Know

Step 2 — Total Income (Include all Social Security and Medicare). Step 3 — Total Expenses (Include all out-of-pocket expenses, such as food, personal care expenses, clothing, household effects, transportation expenses, utility bills and personal care items.) Step 4 — Monthly Income (Include all income including pay, social security, and Medicare taxes). Step 5 — Monthly Expenses (Include all out-of-pocket expenses in red ink.): Payroll and Benefits Expenses.  Other Expenses.  Dental, Vision, and Hearing Insurance.  Medical Insurance.  Health Insurance Premiums.  Other Expenses.  Housing and Vehicle Expenses.  Furniture and Miscellaneous Expenses.  Food, Clothing, and Household Goods.  Step 6 — Earned Income (Not in red ink. In blue ink, enter the earned income in which you want to be exempt from TIP.) Step 7 — Deductions from earned income (Not in red ink. Red ink should be replaced by blue ink, Payroll & Benefits Expenses.) Step 8 -- Other Exemptions (Not in red ink.

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