I am filling out a W4 for a new job. I have two kids, but I’m afraid if i claim them i will owe irs money. I like getting a nice refund during tax season. I don’t want too much withheld. Do

That form (W-4) is submitted to your employer so they know how much tax to withhold from your pay.   If you want a bigger refund, there is a place where you can indicate that you want more taken out each pay period.   If you complete the W-4 with your correct filing status and the number of dependents you will be claiming on your 2021 return, it is designed to maximize your weekly paychecks and leave you with no refund or no tax due at the end of the year.   

But since you like receiving a fat refund at the end of the year, you can instruct your employer to take more out of your weekly pay (Line 4c) to ensure you do in fact get a refund.   It is your choice and you can update the form throughout the year.  Meaning if things change later in the year and you need bigger paychecks, you can revise the form to not take additional funds out if needed.   

What to know about the new 2020 IRS Form W-4 Employee’s Withholding Certificate

Fatten Your Paycheck and Still Get a Tax Refund