To clarify, are you referring to the Form W-4 and is it for tax year 2022?
If yes, then this question means that do you want your employer to take taxes from your paycheck. If you click this button then, your employer will not take any taxes from your paycheck and when you file for the taxes next year, then you may owe taxes since you did not pay any taxes through out the year.
As a general guideline, only those who feel they will not have any tax liability should check this box. Per the IRS, for 2022, every single filer will get a standard deduction of $12,950. What this means is that if your income is below $12,950 for the year, most likely you will not have to pay any taxes.
So if you feel your income will be less then $12,950 for the whole year, you can click this button. However, to be on the safe side, if you don't click the button, your employer will deduct taxes from your paycheck but when you file your taxes, most likely you will get a refund for the taxes you paid if your income is below $12,950.
