Yes, if you wish to avoid paying taxes when you
file next year's tax return, you should revise Form W-4 provided to your employer(s).
See this post for specific instructions: Can I use
TurboTax to update my W-4?
Read more about the calculator here: W-4 Withholding Calculator
And here's another calculator that allows you to compare two W-4 choices: Bankrate
Payroll Deductions Calculator
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