How do I make sure I wont owe next year

[SharonD007]

To help avoid having a balance due next year is to understand that taxes are a pay as you go system.  This means that as you make money, you pay taxes on that money.  It's either deducted from your pay or you can pay quarterly estimated taxes to the IRS or your state.

If you are paid on a W-2, you can change your withholding by completing a W-4 form. The W-4 form is used to provide information to your employer so that they can determine how much to withhold from your paychecks.

Refer to the TurboTax Blog Understanding Your Withholding Allowance on Your Form W-4 and What Is a W-4 Form? for more information.

Review the TurboTax articles for more tips to lower your tax liability for next year:

•  7 Best Tips to Lower Your Tax Bill from TurboTax Tax Experts

• 5 Ways to Reduce Your Taxes for Next Year

• Form W-4 and Your Take-Home Pay