topic Paycheck in Other financial discussions

Paycheck

teresamorgan0301969 — Tue, 16 Mar 2021 20:05:36 GMT

Hello,

How do I have more taxes taken out of my paychecks? Do I put in 0 or 1? I want to have more taxes taken out so I will get a bigger refund. There is only me so I file single.

Thank you so much,

Teresa M.

Re: Paycheck

DoninGA — Tue, 16 Mar 2021 20:06:35 GMT

Use this IRS withholding estimator - https://www.irs.gov/payments/tax-withholding

Re: Paycheck

teresamorgan0301969 — Tue, 16 Mar 2021 21:50:14 GMT

Hello, @DoninGA

Thank you for that link it was very helpful but I still don't know what to put in my form for pay elections? Do I put 0 or 1? I am thinking I put 0 so more taxes will be taken out of my paychecks.

Thank you,

Teresa M.

Re: Paycheck

DoninGA — Tue, 16 Mar 2021 21:52:41 GMT

@teresamorgan0301969 wrote:

Hello, @DoninGA

Thank you for that link it was very helpful but I still don't know what to put in my form for pay elections? Do I put 0 or 1? I am thinking I put 0 so more taxes will be taken out of my paychecks.

Thank you,

Teresa M.

Use 0 and if financially feasible you can request an additional amount withheld from your wages on the W-4