☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 3
posted Jan 30, 2022 9:12:05 PM

Withholding allowance

I got married in 2021. In my W-2 form, I have always selected one withholding allowance and have gotten a tax refund in my return. When I started to populate my information into Turbotax, I saw that I owe money for 2021. Should select 0 as my withholding allowance in my W-2 form to avoid owing taxes in the future?

0 1 191
1 Best answer
Employee Tax Expert
Jan 31, 2022 5:07:48 AM

It depends on your tax situation. There are a lot of factors that effect your tax liability from year to year. It is recommended that you use the W-4 Withholding Calculator and determine what is the best withholding for you so that you will get the desired outcome in the future. 

1 Replies
Employee Tax Expert
Jan 31, 2022 5:07:48 AM

It depends on your tax situation. There are a lot of factors that effect your tax liability from year to year. It is recommended that you use the W-4 Withholding Calculator and determine what is the best withholding for you so that you will get the desired outcome in the future.