Comment on What's it going to take to truly stop the US?

• LemmyKnowsBest@lemmy.world ⁨3⁩ ⁨days⁩ ago

  You mean the box we can check “exempt from withholdings”?

  I checked it once for a job I had sometime within the last 15 years., but the IRS obviously ignored it.

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  • Rivalarrival@lemmy.today ⁨3⁩ ⁨days⁩ ago

    You can do that, or you can falsify your calculations, claiming more dependents than you actually have, reducing your withholding.

    You can also go the contractor route, operating as a separate business rather than an employee. 1099 income has no withholding.

    People use “exempt from withholding” on a W4 when the majority of their income is from contracting or self-employment and they file their own quarterly estimates.

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