How many pay periods per year can you claim exempt without occurring a penalty ?

jjwells_ · ‎June 4, 2019

Opus 17 · ‎June 4, 2019

That depends on your income and your tax owed. You will generally owe a penalty if you owe more than $1000 when you file your tax return, unless the amount you pay into the system (from withholding and estimated payments) is equal to or more than your tax liability from last year.

xmasbaby0 · ‎June 4, 2019

https://ttlc.intuit.com/replies/6098329

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

SweetieJean · ‎June 4, 2019

Rather than claim Exempt, increase the number of exemptions on your W-4.

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How many pay periods per year can you claim exempt without occurring a penalty ?