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?