Last year I had to pay $307 in taxes after all was said and done. I cannot tell if that was because the Child Tax credit was distributed in payment during the tax year in 2021. I continue to get raises and that is definitely putting me in an different tax bracket. I have me, my wife, and a 7 year old daughter. We file married jointly and on my pay stubs there is something under the federal section that says
Claim Dependent: $2000
Under State Section (CA): Allowances: 3
Hello beltrami33!
You are asking how to avoid owing taxes when you file next year. To do that you need to (update ) increase your withholding with a W-4 and give it to your HR department.
Here is our tax calculator to help you determine amounts. https://turbotax.intuit.com/tax-tools/calculators/w4/
Thank you for using Turbo Tax Live!