Two weeks ago I updated my W4, reducing my exemptions from 3 to 2.
My tax with holdings (Federal and State) actually got smaller resulting in a larger paycheck.
I double checked my paystubs to confirm exemptions and tax rates as compared to the first 4-5 paychecks in 2019 to make sure.
Can anyone help explain this? My understanding that the lower the number of exemption the larger amount of taxes withheld from your paycheck.
Submitted April 03, 2019 at 01:08AM by DeepTradeOne https://ift.tt/2FVriUC
