ALC71
New Member

Get your taxes done using TurboTax

Thanks.  I used the tool and am not sure how to interpret it.  I have 2 questions:

1. It shows a 2022 estimated payment with a negative amount (and zero for my paycheck impact).  Does this mean the tool estimates I get a refund?  Or does a negative estimated payment mean I owe taxes?

2. It shows I should claim 3 dependents on my W4, presumably for me, my spouse, and my child.  If me and my spouse are married filing jointly and I claim 1 dependent and he claims 2 dependents, is that equal to the 3 dependents this tool recommends?