If I accidentally claimed the wrong allowance amount on my W-4. What will happen?
If you accidentally claimed the wrong allowance amount, you won’t owe a penalty. However, you’ll have a reduced or increased tax withholding on your paycheck.
This reduced / increased amount will lower / raise the amount of taxes you paid. It might cause you to owe taxes or have a larger refund when you file.
Looking for more information about your Massachusetts refund? Find out details on how to check your refund status, who to contact, and more from H&R Block.
What is the minimum charitable contribution that is eligible for a tax deduction? Learn more from the tax experts at H&R Block.
Can you deduct your state sales tax? Learn more from the tax experts at H&R Block.
What does it mean to be an enrolled agent? Learn more about the roles and requirements of enrolled agent (EA) tax preparers at H&R Block.