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.
Related Resources
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.
