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Get your taxes done using TurboTax
@ncastelan wrote:
So the chances of me owing the IRS money come tax season are smaller given that I claimed single and 0 on all w4s?
That's true. It doesn't mean you won't owe, it just means that the chances of owing are smaller. If you really want to know where you stand, and whether you should adjust your withholding for the rest of the year, instead of just guessing, use the TurboTax W-4 Withholding Calculator or the IRS Tax Withholding Estimator.
If you do make changes to your W-4s, check again at the beginning of next year. What you do for the remaining months of this year might not be suitable for a full year.
‎September 23, 2020
8:35 AM
2,830 Views