That is correct. Based on the estimator you posted, it looks like with the current withholdings, you would have to pay in around $150 when you file your taxes instead of getting a refund. If you make the suggested updates, you would not get any type of refund, you would simply break even on your return (assuming all numbers don't change from the estimates)
So, it comes down to personal preference. Do you want a refund at the end of the year or do you want the money with each extra check. You also have the option of just having an amount in the middle extra withheld. This would still give you a refund, but would also give you more on your check than you had before you made the change.
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