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Deductions & credits
No additional credits that I’m aware of or that I’m accounting for other than the second child on the CTC. The only thing that’s changed compared to last year is my updated W4 and a slight salary increase. I got $6,720 by taking the difference between my previous federal withholding per pay and my current, which is $280 less withheld now. Twice a month over a year is $6,720. That’s about $2,000 more than my 2023 refund, so it seems like by marking my two dependents on my W4 I’m being set up to not receive a refund, but get a significant amount more in my pay each month instead.
I had $9,626 withheld last year, so just under $10k.
As to your last question, I don’t know. My most recent stub says I’ve had $1,629 withheld so far this year.
April 2, 2024
1:02 PM