dubd3_1
New Member
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I don't know how I put 2 allowances when I shouldve put 0 on my w4 form. If you can help me I would very much appreciate it.
Topics:
- TurboTax Free Edition Android
posted
June 4, 20197:00 PM
last updatedJune 04, 20197:00 PM
8
14,790
Reply
Bookmark Icon
Connect with an expert
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.
8 Replies
MinhT
Expert Alumni
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
You cannot change your W-4 retroactively. The number of allowances is used to determine the amount of federal tax to be withheld from your paychecks. If you overstated your allowances, you may have too little tax withheld and may have some tax due (and possibly a penalty for under-withholding).
To change your allowances, you need to submit as soon as possible a new W-4 form to your employer.
Please this TurboTax article:
https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-a-w-4-form/L2NapDzX2
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
June 4, 20197:00 PM
1
3
13,033
Reply
Bookmark Icon
ramghkrish
New Member
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
I had the same except issue. Did you find any thing to change ?
June 4, 20197:00 PM
2
13,033
Reply
Bookmark Icon
Leslyxxxlove7
New Member
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
Did you end up finding out if you can change it and if IRS would help with that . If I mistaken put 1 instead of claiming 0
March 1, 20225:28 PM
1
4,574
Reply
Bookmark Icon
xmasbaby0
Level 15
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
@Leslyxxxlove7You cannot change it after the fact. The amount of tax you had withheld is what it is at this point, so you may get only a small refund or even owe since you did not have enough withheld from your pay. All you can do is enter the W-2 exactly as it appears and see how your return comes out.
Going forward, you can change the W-4 you give to your employer and have more tax withheld for 2022 now.
https://ttlc.intuit.com/community/tax-topics/help/what-to-know-about-the-new-2020-irs-form-w-4-emplo...
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.**
March 1, 20225:34 PM
1
4,569
Reply
Bookmark Icon
ZoltanB45
Level 8
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
Going forward, You do not want to continue fabricating the amount of dependents on your w-4 to get a more money during the year. Ifyou earn enough money during the year, you will be hit with underpayment penalties. In addition to not getting the refund you desired, you would be penalized.
March 1, 20226:04 PM
1
4,562
Reply
Bookmark Icon
Winton58
New Member
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
My w4 form was wrong for a year.I put 2 dependent instead 0
February 6, 20238:31 AM
2
2,245
Reply
Bookmark Icon
SForrestLO
Intuit Alumni
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
You must enter the information as it appears on your W4. If your W4 is wrong, you will need to contact your employer and update your information with them.
@Winton58
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
February 6, 20239:33 AM
2,240
Reply
Bookmark Icon
xmasbaby0
Level 15
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What if my w4 been wrong for a year? I made a mistake and put 2 allowances, when i should have put 0. I have no kids or no dependents. How do I go about that?
@Winton58 If you filled out your W-4 for the employer incorrectly last year and did not have enough tax withheld , there is nothing to be done about that now. You have to enter your W-2 just as it appears; if you did not have enough tax withheld your 2022 refund or tax due is now going to be affected by that. Going forward, you can complete a new W-4 for your employer and have more withheld for tax year 2023.
https://www.irs.gov/individuals/tax-withholding-estimator
https://www.irs.gov/pub/irs-pdf/fw4.pdf
**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.**
February 6, 202311:03 AM
2,233
Reply
Bookmark Icon
Still have questions?
Make a post
Featured forums
All topics