I JUST GOT HIRED DAYS AGO, AND I SIGNED MY TAX PAPERS THAT THEY USUALLY GIVE YOU YESTERDAY, CAN I STILL CHANGE IT, AND IF I CHANGE IT FROM 0 TO 1 WILL IT CHANGE ANYTHING FOR ME..IM ONLY CLAIMING MYSELF, NO KIDS, NOT MARRIED, NOT SEPERATED...NOTHING..JUST SINGLE, ME, MYSELF AND I...HELP PLEASE..I DONT KNOW WHAT TO DO..?
2007-01-04 12:40:07 · 4 answers · asked by dat_sweetmami 1 in Business & Finance ➔ Taxes ➔ United States
The form is called W-4. You can change exemption allowance as many times as you like. The HR person may not like you very much, but you are legally right to do so.
By changing the allowance from 0 to 1, you will have less tax withholding throughout the year. The tax withholding does not affect your tax obligation. The amount of tax you owe will be the same regardless. So at the end of the year when you are filing taxes, you might get less money back or might have to pay additional taxes at the end of the year.
Best wishes.
2007-01-04 13:33:58 · answer #1 · answered by JQT 6 · 2⤊ 0⤋
Yes you can change your tax dedutions . You should file two on your tax form, you and your daughter. They take less money from your check and you receive more at the end of the year with earned income credit depending on the age ofr you4r child.
2007-01-04 20:53:36 · answer #2 · answered by Carmen M 1 · 0⤊ 1⤋
yes you may change it, and you can claim as many dependents as you can, legally claim, on your W-4 form. You will just be responsible for any tax debt this action causes.
2007-01-04 20:47:07 · answer #3 · answered by dulcrayon 6 · 0⤊ 0⤋
Yes you can change you W-4 form any time you want.
2007-01-05 15:01:36 · answer #4 · answered by growing inside 5 · 0⤊ 0⤋