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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?

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Accepted Solutions
LenaH
Employee Tax Expert

Withholding allowance

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. 

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1 Reply
LenaH
Employee Tax Expert

Withholding allowance

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. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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