What do you claim on your taxes if you want no taxes taken out?

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1103233

2026-04-04 08:15

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If you want no federal income taxes withheld from your paycheck, you can claim "exempt" on your W-4 form. To do this, you must meet specific criteria, such as having no tax liability in the previous year and expecting none in the current year. However, it's essential to ensure that you actually qualify for exempt status, as incorrectly claiming it can result in owing taxes and potential penalties. Always consider consulting a tax professional for personalized advice.

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