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Level 1
September 30, 2021
Question

Income change

  • September 30, 2021
  • 2 replies
  • 21 views

If my income is higher and I remove 2 children which I use 3 will I have to owe the IRS?

    2 replies

    Level 15
    September 30, 2021

    You are not providing enough information for anyone to answer your question.   Please try again----without any personal information, give us an idea of how much your income will be and what your filing status will be.   Are you asking about claiming the children on your tax return or are you asking about how much tax to have your employer withhold between now and the end of 2021?

    **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.**
    Level 6
    September 30, 2021

    As advised, more information is needed. However Intuit/Turbo Tax offers a handy and free tool to forecast taxes, which not coincidently is called Tax Caster. See link below.

     

    Tax Caster

     

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