1716665
I’m confused on way w4 is setup. I followed the questions it asked me. And since may 2020, I noticed 0.00 federal taxes withheld.
min a little concerned with this on what I’ll have to pay back. Did I miss something or do something wrong ?
You'll need to sign in or create an account to connect with an expert.
Use the IRS withholding calculator here - https://www.irs.gov/individuals/tax-withholding-estimator
The main thing when filling out the W-4, as you read the instructions, pay attention to detail. It matters big time. Particularly in "Step 3: Claim Dependents". For that one, if the will "NOT" be under the age of 17 on Dec 31 of 2020, then do NOT include them in that number.
Thanks. Yes my kiddos are 9 and 5. So got some time lol. I did claim them since they’ve been born. I’m just trying to understand why I see 0.00 on federal tax withheld on my paychecks since may. Doesn’t ask for exemptions or anything like that. Is because of COVID?
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.
tianwaifeixian
Level 4
Mbdarkhorse
New Member
vbesschetnov
New Member
vsun
Level 1
Geary-Burns
New Member