Submitted by averie_eve t3_ygjt6a in personalfinance
Its-a-write-off t1_iu9afff wrote
Reply to comment by averie_eve in Employer not withholding federal taxes... why? by averie_eve
Yes. It is correct to have no withholding. It is also well within reason to expect a 7k refund with 0 withholding. You get the child tax credits, and EIC tax credit. Which are pay outs to you from the government.
There is absolutely no reason you should be withholding federal income tax at your income.
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