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mdiaz7714
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Can I change my W4 and file as exempt for a short period and then switchback from exempt. Will I be penalized come February?

 
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Can I change my W4 and file as exempt for a short period and then switchback from exempt. Will I be penalized come February?

Do not put down exempt.  Just change it to more Allowances or dependents to have less withholding taken out or none.  Like change it to 10 or higher.

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