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March 15, 2022
Question

Last year at some point the amount of Federal coming out of my check was lowered, which I thought was due to the pandemic, but now I OWE money. Why? Can I change it?

  • March 15, 2022
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1 reply

Employee
March 15, 2022

You need to find out why your employer changed how much they were taking out of your paychecks for federal tax.   Going forward, you can change your W-4 at work so that more is withheld to prevent you from owing at tax time next year.

 

https://ttlc.intuit.com/community/tax-topics/help/what-to-know-about-the-new-2020-irs-form-w-4-employee-s-withholding-certificate/00/1189006

 

https://www.irs.gov/pub/irs-pdf/fw4.pdf

 

 

https://www.irs.gov/individuals/tax-withholding-estimator

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**