If more withholdings are added to your paychecks each week thru the W4 process, this will increase the amount of withholdings by the end of the year not reduce. Depending on your tax liability at the end of the year it may help to increase your refund or reduce what you owe. I hope this answers your question. Feel free to ask more here or at our next Ask the Expert event (stay tuned for dates and subject matter).
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