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Level 2
posted May 29, 2024 3:16:52 PM

W-4

I claimed 10 last year and now owe $1100. What should claim to break out even?

0 2 933
2 Replies
Employee Tax Expert
May 29, 2024 3:21:48 PM

Hi there!  Without knowing more about your tax situation, it is difficult to answer your question other than to suggest you check out our W-4 calculator.  Answer the questions by entering your info and it will assist you in determining what you should do and then you can update your W-4 accordingly.  Here is the link:

https://turbotax.intuit.com/tax-tools/calculators/w4/

 

You can also use our taxcaster  tax calculator to calculate if you will get a refund and how much or if you will owe, etc.  Here is the link:

https://turbotax.intuit.com/tax-tools/

 

Hope this helps!

Level 2
May 29, 2024 3:23:11 PM

I will try that today.