Tax and Tips Witholding Questions
Cantcoverdiggs
Member Posts: 1 Newcomer
I usually try to break even on my taxes. This is the first year filing with the new tax on tips. The majority of my income is tips. I wound up with $6500 return from federal. How should I adjust my w4 so I can get more money back on my checks? Should I change dependents from 2 to 4? That would add another 4k off that $6500 then? If that makes sense. I just don’t want to over do it. Let me know guys thanks!
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