mdowens21
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Then why is there a line to add 500 per other dependent on the new w-4? Thank you
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Based on that if I have 3 kids (2,000x 3) + my and my wife ( 2x500) I get 7000 total. What happens with this 7000 is my question? Is that amount withheld? Also ...
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I guess the area of confusion I have is if there is no withholdings or exemptions this year how does changing my w-4 effect anything?
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When would changing your allowances put you at a risk for owning taxes?
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Will me changing my w-4 change the amount of tax that is withheld with the updates to 2020?
Activity Feed for mdowens21
- Posted Re: Question in regards to w-4 tax withholdings. on Get your taxes done using TurboTax. February 18, 2020 4:13 AM
- Posted Re: Question in regards to w-4 tax withholdings. on Get your taxes done using TurboTax. February 17, 2020 12:49 PM
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- Posted Re: Question in regards to w-4 tax withholdings. on Get your taxes done using TurboTax. February 17, 2020 11:46 AM
- Posted Re: Question in regards to w-4 tax withholdings. on Get your taxes done using TurboTax. February 17, 2020 11:14 AM
- Posted Re: Question in regards to w-4 tax withholdings. on Get your taxes done using TurboTax. February 17, 2020 11:11 AM
- Posted Re: Question in regards to w-4 tax withholdings. on Get your taxes done using TurboTax. February 17, 2020 11:05 AM
- Posted Question in regards to w-4 tax withholdings. on Get your taxes done using TurboTax. February 17, 2020 10:49 AM