turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

gbe59
Returning Member

Withholding Election

For just me and my wife I currently have elected single and number of allowances zero. I would like to edit this so I will get more money back each pay and less of a refund at the end of the year. Do I start with editing the single to married or number of allowances from 0 to 1? Which is better?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
rjs
Level 15
Level 15

Withholding Election

The W-4 form was revised a few years ago and no longer uses allowances. The new form works differently. Use the Tax Withholding Estimator on the IRS web site to figure out what to put on your W-4 form. It will show you how to adjust your withholding to get the approximate refund amount that you want.

 

gbe59
Returning Member

Withholding Election

I tried to use this but struggled with it. I have my Pay information pulled up. Can someone assess me completing this/using this tool?

rjs
Level 15
Level 15

Withholding Election

No one here in the community forum can help you with it. See if the TurboTax W-4 Calculator is easier to use.


If you still have trouble, you may want to consult a local tax professional for help.

 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies