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Best 2021 Money Moves: Update Your W-4

Taxpayers may have a shock if they find that the amount of their federal withholding isn’t enough to pay their IRS bill. You can head off next year’s shock by adjusting your withholding allowances now. The IRS’ Tax Withholding Estimator helps you figure out how much to have your employer withhold from paychecks so it will be enough to cover your tax liability.
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