Madie Strople: That's because you don't make enough money.Doy.
Jene Licausi: Claim 0 exemptions so they take a little more.
Tyler Burkman: you need to change you w4 filing status at work to single zero. this way they will take a little more out of your check each payday to cover the taxes. if you are filed single 1 or more on your payroll deductions it will usually not be enoughanother idea is take the amount you are paying each year, divide it by the number of paydays you have (weekly or bi weekly) and make that an addition deduction for taxes. this is the basic but so many variables come into play like did you collect disablility without withholding taxes, their is not much you can do with taxes when you are single and have just a normal job,...Show more
Cyndy Grimes: You don't reduce taxes; you increased your withholding. If you owe every year, you aren't having enough withheld. Redo your W-4.
Donte Hamme: If you keep owing (and have taxes ta! ken out of a regular paycheck), then you have the wrong number of dependents selected on your payroll deductions. Your payroll office can help you with this.But if you think about it (and think ahead enough to save up what you need), having to pay a little in April is a GOOD thing; if you get a refund, it means you have just lent the government money and been paid no interest!...Show more
Chris Rosenkranz: At 24k in income you should be paying about 3,200 in taxes on an annual basis or about 13% of your total income. Double check your last paystub to see what your company withheld for federal taxes to see if it matches up. This is for federal income tax only... State tax is a different animal.Good Luck!...Show more
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