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I am a CPA for over 20 years specializing in small businesses including real estate, contracting, entertainment and financial services.
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Go through the W4 Calculator,https://turbotax.intuit.com/tax-tools/calculators/w4/ The final amount of tax liability divided by the amount of pay periods, will...
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Hi @mmendez09, There is an income limit for claiming the Child Tax Credit. This may be why you ended up owing. Although, since I do not know your income, there...
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@vecheverria77, To clarify, it appears the form referenced is the MD 507 which is just for local and state withholding in Maryland. According to the Comptroller...
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If your status is Married Filing Jointly, you should also complete Step 2-B ( worksheet on page 3) and find the liability at the intersection of the two incomes...
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