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I just sent my message out there regarding changing my allowances from 0 to 3. I forgot to add that at end of the year will I have to pay? I am hd of household 1 depend

 
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KristiK1
New Member

I just sent my message out there regarding changing my allowances from 0 to 3. I forgot to add that at end of the year will I have to pay? I am hd of household 1 depend

That depends on the details of your tax situation (income, deductions, etc.). You can use our Tax Castor tool to forecast the total amount of federal taxes you'll owe at the end of the year based on those details: https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

Check with your paycheck provider (your employer or 3rd party paycheck provider) to see if they have a W4 estimating tool as well. If so, you'll be able to forecast your paycheck details (amount of taxes taken out, etc.) with 0 and with 3 allowances.

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1 Reply
KristiK1
New Member

I just sent my message out there regarding changing my allowances from 0 to 3. I forgot to add that at end of the year will I have to pay? I am hd of household 1 depend

That depends on the details of your tax situation (income, deductions, etc.). You can use our Tax Castor tool to forecast the total amount of federal taxes you'll owe at the end of the year based on those details: https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

Check with your paycheck provider (your employer or 3rd party paycheck provider) to see if they have a W4 estimating tool as well. If so, you'll be able to forecast your paycheck details (amount of taxes taken out, etc.) with 0 and with 3 allowances.

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