True or False: Those who properly fill out their Form W-4 shouldn't have too much or too little taxes withheld.

Filing the Form W-4 accurately is crucial for ensuring that the correct amount of federal income tax is withheld from an employee's paycheck. When individuals fill out their W-4 correctly, based on their personal circumstances, it allows employers to determine the appropriate withholding amount that aligns with the employee's expected tax liability for the year. This can help prevent situations where too much tax is withheld, resulting in a refund at tax time, or too little tax is withheld, which can lead to owing money and potential penalties when filing taxes.

Even considering different income levels, the essence of filling out the W-4 is to provide accurate information pertaining to dependents, filing status, and additional adjustments, which apply universally regardless of one's profession or income level. Therefore, those who follow the W-4 guidelines should achieve an appropriate tax withholding that matches their financial situation over the course of the year.