I just started a new job and must fill out a W4. I was unemployed for most of the year and have already paid more taxes than I expect to owe. What should I write on my W4 in order not to have taxes withheld from my paycheck? “Exempt”? Or should I claim a
04877
4 Replies
Critter
Level 15
Jun 4, 2019 12:32:27 PM
NEVER EVER PICK EXEMPT !!!!!
Instead increase the allowances on line 5 of the W-4 to get the desired withholding you seek. To guarantee no withholding enter 10 on line 5.
fanfare
Level 15
Jun 4, 2019 12:32:29 PM
If you make such an adjustment, plan to submit another W-4 in December for 2018.