If I do not claim dependents on my W4, can I claim the number of dependents that I actually have on my tax return?
Yes. The number of allowances you claim on Form W-4 is used to calculate the tax withheld from your paycheck. However, the number of allowances you claim on your w-4 doesn’t have to match the actual number of dependents you have.
Claiming fewer allowances on form w-4 will result in more tax being withheld. This might result in a larger tax refund. However, it means you’re giving the government an interest-free loan. That’s because the government gets to keep more of your money until you get your refund.
There are many places to get help when it comes to taxes. Check out these resources from H&R Block for those needing help with taxes in Spanish.
Maximize tax savings and minimize fees and penalties with a personalized tax calendar. Learn more about income tax dates at H&R Block.
Your options for your tax filing status if your spouse dies will change depending on how long ago they passed away. For example, you can generally use married filing jointly in the year your spouse passes. Then in the next two years, you can file as a qualifying widower if you meet certain requirements.
If you e-file your taxes with H&R Block, learn how to check the status of your e-file tax return with this step-by-step guide.