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W-2 tax withholding
Hi! Have a 19 year old child who will be working and making about $4k this year. She is planning to not have taxes withheld when completing her W-2. Reasoning is that she will not earn enough to owe and if taxes were taken out she'd have to file next year. Is our understanding correct?
Thanks!
‎April 1, 2025
12:30 PM