• 3abas@lemmy.world
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        1 day ago

        Basically, the government has created a system of automated tax payments and harsh punishments for not paying, and the only way to successfully withhold your taxes is to do it in an organized fashion with a big enough support group that can cover you when the feds come knocking.

    • Rivalarrival@lemmy.today
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      2 days ago

      File a new W4 with your employer. From the instructions:

      Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay. If too little is withheld, you will generally owe tax when you file your tax return and may owe a penalty. If too much is withheld, you will generally be due a refund.

      If you feel the correct withholding is “$0.00”, W4 is how you tell your employer to not withhold anything for taxes.

      • village604@adultswim.fan
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        2 days ago

        You can only do that if you had no tax liability the previous year. If you try, your employer will likely kick it back for you to fix, or the IRS will send them a letter telling them to fix it.

          • village604@adultswim.fan
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            1 day ago

            Yes, but you have to have had none the previous year to claim the tax exempt status that lets you avoid any withholding.

            • Rivalarrival@lemmy.today
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              1 day ago

              Horseshit.

              If I’m not going to have a tax liability this year, I don’t have to allow withholding this year. Last year’s tax liability is irrelevant to the issue. There is nothing in the tax code that requires me to loan money to the IRS that I know they will just have to return to me later.

              The reason not to do this is the additional penalty they will assess if my tax liability this year isn’t actually zero.

              • village604@adultswim.fan
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                1 day ago

                An employee can also use Form W-4 to tell you not to withhold any federal income tax. To qualify for this exempt status, the employee must have had no tax liability for the previous year and must expect to have no tax liability for the current year.

                https://www.irs.gov/taxtopics/tc753

                I’m not sure why you thought I was making this up.

      • shalafi@lemmy.world
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        2 days ago

        Not sure you can put 0, but you can stack all the exemptions you please.