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Level 1
Jun 2, 2019 12:13 AM UTC
Question

Will I decrease my federal tax exposure next year by adding or reducing exemptions on my W4?

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1 reply

Alumni - Intuit
Jun 2, 2019 12:13 AM UTC

If you reduce your exemptions (the lower the total number), you will have more taxes withheld which should decrease your tax exposure. 

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