My W4 is filled out correctly, Exempt is not marked. Federal taxes are not being withheld. Why is that? I file head of household, 1 dependent under 18 and no additional taken out.
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4Ask the employer?– littleadvCommented Aug 28 at 1:28
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3Are any other taxes being withheld? Is this a partial check?– mhoran_psprepCommented Aug 28 at 2:10
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Yes other taxes are being taken out. I have asked the employer and they said they havent changed anything to where federal would stop coming out. Wasnt much help. I just dont want to end up owing taxes and I cant figure out why they are no longer coming out. No its not a partial check.– ArethaCommented Aug 28 at 13:05
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1@Aretha you said in a comment "they havent changed anything to where federal would stop coming out." does that mean you had checks this year where they did take out federal tax? did you change the form recently?– mhoran_psprepCommented Aug 28 at 16:32
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looks like one or two paychecks it did. But i havent changed anything on my w4– ArethaCommented Aug 28 at 16:37
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1 Answer
What is your expected annual pay? If you are expected to make under or close to the standard deduction, they would not withhold any taxes since you won't owe anything (for federal).
For example if you are filing Head of Household your standard deduction is $21,900 for 2024. If you are only expected to make $20k for the year, then you would owe no taxes when you file.
If you want to be sure what your tax obligation will be (and your pay is consistent throughout the year) you can use the IRS W4 calculator.
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To be clear, if this is a new job what matters is not what the pay will actually be for the time worked this year, but what the pay would be if the job (or any equal-paying one) was held for the full year. And with the $2000 CTC this asker can actually make up to almost $42k-per-year and have zero expected net income tax liability and thus zero income tax withholding. Commented Aug 30 at 2:29