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Level 1
May 29, 2024
Question

2024 Taxes

  • May 29, 2024
  • 1 reply
  • 16 views

I am a single male in my 40's  with no dependants living and working in Los Angeles.  What do I need to change on my W4 to avoid paying taxes ?  

1 reply

Level 7
May 29, 2024

Thank you for the question.   So these are the resources you should be using from Turbo Tax:

 

TurboTax's W-4 Calculator

TurboTax's Tax Caster tax calculator

 

If you have a single W-2 your W-4 should generally cover your taxes.  For purposes of this answer, I am assuming that you have other income, which the W-4 calculator will help you account for, in making certain you are withholding enough in taxes during the year.

 

Be well and safe @gqjason