Skip to main content
May 29, 2024
Question

Too big of refund

  • May 29, 2024
  • 1 reply
  • 0 views

I am married, filed jointly, and receive a large tax refund every year. I want to get this amount closer to zero, but I am unsure how to change my W-4.  It used to be putting a zero or a one or a two but now my work wants a specific dollar amount  I am hoping you can give me a better idea how to fix this

1 reply

May 29, 2024

Depending on how you and your spouse's W4 is presently filled out.

If too much is being withheld for either make sure Step 3 and 4 are blank.

More is automatically withheld if there are bonuses involved, so keep that in mind. The links below should help explain what eeds to be withheld.

5 Reasons to adjust your W4 

What is a W4 

W4 and your take home pay