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New Member
posted Jun 5, 2019 10:49:53 PM

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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1 Best answer
New Member
Jun 5, 2019 10:49:54 PM

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.

1 Replies
New Member
Jun 5, 2019 10:49:54 PM

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.