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Level 1
June 3, 2019
Solved

I changed my exemption from 1 to 5 in middle of the year. will it change my tax refund? and how to mention it while filling my tax return?

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null725Answer
Level 13
June 3, 2019
You don't mention it when preparing your return. By increasing your withholding exemptions, you requested that less money be withheld from your pay. That may very well reduce your refund or you may even owe.

1 reply

null725Answer
Level 13
June 3, 2019
You don't mention it when preparing your return. By increasing your withholding exemptions, you requested that less money be withheld from your pay. That may very well reduce your refund or you may even owe.