How to Fill Out Your W-4 to Avoid Owing Taxes?

1 Answer

Answer :

Filling out your W-4 with your company each year is directlyrelated to the amount of taxes you may owe at the end of eachfiscal year. It is wise to include all your dependents on yourform, and have any extra money withheld that you think you willneed to avoid owing taxes at the end of the year. This way, you canensure a generous tax return at the end of the year, in most cases.Fill out the columns asking for your number of dependents. If youare single, you can count yourself as one exemption, which you areentitled to. Keep your W-4 certificate current with your situation,and make changes when you need to. If you don’t include yourdependents, you will pay more for taxes than you need to. In moststates, a child can be claimed as a dependent until he or shereaches the age of eighteen. Under c

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