613304
You'll need to sign in or create an account to connect with an expert.
From the instructions for form W-4:
Exemption from withholding.
You may claim exemption from withholding for 2018 if both of the following apply.
• For 2017 you had a right to a refund of all federal income tax withheld because you had no tax liability, and
• For 2018 you expect a refund of all
federal income tax withheld because you
expect to have no tax liability
Reference: https://www.irs.gov/pub/irs-pdf/fw4.pdf
"Having a tax liability" is after all credits, including refundable credits like the Earned Income Credit and Child Tax Credit.
A single person with $40K income and no kids is extremely unlikely to be exempt.
Reference: https://blog.turbotax.intuit.com/tax-refunds/can-i-file-exempt-still-get-a-tax-refund-6695/
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ddi92234
New Member
aliskadi
New Member
shil3971
New Member
Purplebutterfly77
Returning Member
Blue Storm
Returning Member