How much deductions are necessary to help reduce my taxes
i paid in to irs weekly on my paycheck
036900
3 Replies
NCperson
Level 15
Jun 4, 2024 11:42:59 AM
you automatically get the standard deduction - if filing SINGLE, the first $14,600 of income is not taxed! you would need more than what is automatic to reduce your taxes!
xmasbaby0
Level 15
Jun 4, 2024 12:33:27 PM
Or----are you asking how much you should be having the employer withhold from your paychecks so that you will not owe at tax time? You can adjust the W-4 you give to your employer and have more withheld if necessary. (See Step 4c)