My previous year employer witheld too much tax and I was owed a refund. However I forgot to correct this issue and download the form.

[iloveloco]

Please help me understanding the steps that I need to take to get a refund on a company witholding too much tax the previous year.

[fanfare]

whatever you exemption number is now, reduce that by one and submit a new W-4 to your employer. check the results in your next paycheck.

The IRS has not updated the withholding formula for the new tax laws.

[iloveloco]

Im sorry I forgot to mention that the previous employer that withheld too much tax has went out of business.

[fanfare]

Did your employer send you a W-2? did you file yet?
If you did not get a W-2 you have to contact the IRS.
they will tell you how to proceed.

[iloveloco]

Yes I have filed last year with turbotax. I did get one yes but I was told I needed a corrected w2 at the time. The old one should be around somewhere. If not Im not sure if its possible to use the w2 from last years saved documents in the system?

[fanfare]

If you did not get a corrected  W-2 you have to contact the IRS.
they will tell you how to proceed.

[iloveloco]

Ok. I will do that. Thank you so much! 🙂