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September 19, 2022
Question

I just started a new job. I make 45K a year and am a single mom of 2 children whom I claim both. I just started my job and there are no federal taxes being taken out. why

  • September 19, 2022
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1 reply

Critter-3
September 19, 2022

Simple answer is that they are not needed due to the way you filled in your W-4. 

 

If you put you were Head of Household with 2 kids under the age of 17 then this is roughly  what your return would look like:

 

45K - HOH filing status 19K = 26K  x tax rate 10% =  2600  - CTC 4000 = refund of 1400 without any withholdings. 

 

If you want to give the IRS more money to hold until the end of the year to give it back to you on the return  then change your  W-4  to Single and/or remove a child or 2.