- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
You do not "claim" a child on a W-2. You do fill out a W-4 at work and put down the number of allowances you want to claim so that the employer knows how much tax to withhold from your paychecks. The more allowances you put down, the less the employer withholds. If you have too little withheld, then you could wind up owing at tax time. If you have more withheld than necessary, then your refund is more. A big refund means you gave the government an interest free loan all year.
Try this tool:
https://www.irs.gov/individuals/tax-withholding-estimator
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎November 20, 2019
3:44 PM
493 Views