Maximum taxes

Net miller — Wed, 11 Feb 2026 09:33:29 GMT

Single, no dependents, no exemptions, 1 job: can I just sign the W4 and have the maximum taxes taken out to not owe? Refund is not important: not owing is

Re: Maximum taxes

VanGhost13 — Wed, 29 May 2024 16:07:46 GMT

"Refund is not important: not owing is"...you are speaking my language!

Re: Maximum taxes

KimberW — Wed, 29 May 2024 18:10:05 GMT

When your tax situation is simple: single, one job, no dependents, no exemptions, then your employer's payroll calculations should get you pretty close to an "even-dollar" return -- one in which you don't owe money, but you don't get a refund either. The "default" answers for the W-4 reflect your situation that you've described in your question, so you shouldn't need to make any calculations or add any additional information.

Be aware, though, of sneaky "extra" income that could cause you to owe taxes. If you have interest income, or earn money by working at the polls, or have investment income -- there is probably not any withholding taking place on that income.

Or -- if your taxable income is over $100k (meaning that you are in or close to the 24% tax bracket), then a bonus at work could also mean that you may owe at the end of the year. (Many employers withhold taxes from bonus payments at 22% -- regardless of what is on your W-4.)

If your tax situation is truly very straightforward, the default W-4 payroll calculations will get you close to that even-dollar return. If you want to check the impact of any of the "extra" things that might happen throughout the year, you can get your most recent paycheck and use the TurboTax W-4 Calculator or the IRS Tax Withholding Estimator to double-check your expected end-of-year results.

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Maximum taxes

Re: Maximum taxes

Re: Maximum taxes