Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community

1 reply

X
xmasbaby0
Employee
October 11, 2019

That is a bad idea.  Claiming to be exempt from taxes when you are not can get you into trouble.  Instead, you could claim more allowances on your W-4 with your employer to have less tax withheld for awhile, and change it to fewer allowances later.  The more allowances you put on your W-4 the less tax they withhold.  That will give you more "take-home" pay and you will not get in trouble for claiming to be exempt.  Just remember--at some point you pay tax.  If you do not have enough withheld during the year, you will owe at tax filing time.

**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.**
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification