My withholding status has been married with no dependents. If I change my W-4 filing status to single with no dependents, will my take-home pay be increased or decreased?
You have three choices for your W-4 filing status as it relates to your marital status. Each may have a different affect on your withholding status, depending on your situation. Your choices are:
- Married — withholding at higher single rate
If you switch from married to one of the others, your take-home pay will be lower. More is withheld at the single rate.
Estimate your balance due for filing a tax extension with help from the tax experts at H&R Block.
Confused about your CP14 notice from the IRS? Learn more about this notice and what steps you should take. Get tax answers at H&R Block.
Get the facts from H&R Block about IRS Collection Due Process (CDP) hearings, which you can request if you disagree with certain IRS collection actions.
You may qualify for an additional tax credit. Learn more about notice CP27 and how to handle this notice with help from the tax experts at H&R Block.