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@aziken hard to say; taxes are only calculated on a tax return and no where else.
Increasing your withholdings (which is the downpayment against the tax liability) certainly reduces how much you would owe or how big the refund would be.
@aziken hard to say; taxes are only calculated on a tax return and no where else.
Increasing your withholdings (which is the downpayment against the tax liability) certainly reduces how much you would owe or how big the refund would be.
Maybe---but we cannot see any of your information, so no one here can predict your tax refund or whether you have paid off the tax you already owed. The "extra" money you are having withheld will simply be shown in box 2 of your W-2 --- so you will enter your 2023 W-2 when you get it in January and see how it all comes out.
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