Maximizing exemptions I'm trying to minimize my federal income deductions to as close to zero as possible. That's because between my deductions and credits, I owe no federal income tax. As it stands, I usually get a sizable federal refund and I'm not interested in an even bigger refund.
I'm at 20 exemptions on my W4 and it's still not enough to wipe out the tax. What should I do? |