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State tax filing
>>Your tax **liability** was $9500. That's what you owed to the IRS. The fact that you paid $10,000 in advance and got a $500 refund (for example) does not change the fact that your tax owed was $9500.
For this situation, is it okay to then raise your W4 withholding to essentially get the credit throughout the year, rather than waiting until tax time?
For this situation, is it okay to then raise your W4 withholding to essentially get the credit throughout the year, rather than waiting until tax time?
‎June 7, 2019
4:10 PM