lferlazzo
Expert Alumni

Get your taxes done using TurboTax

Hi. hidriver.

 

Many factors will be determine the need to change your w-4.

 

Use our calculator to determine the correct withholding. 

https://turbotax.intuit.com/tax-tools/calculators/w4/

In the calculator at the summary page, you can adjust the withholdings to get the projected refund you want.

 

In addition here is an link to the explanation of the  w-4

https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-a-w-4-form/L2NapDzX2

 

With regard to future elecitons to increase your tax home pay, i suggest enrolling in a pension plan such as a 401(k) if your company has one, which would enable you to reduce your taxable income.

 

In addition, i suggest that you try our taxcaster calculator.

https://turbotax.intuit.com/tax-tools

 

Hope this helps

 

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