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If you receive a sizable tax refund every year you have probably been giving Uncle Sam an interest free loan.

You can go to IRS.GOV and run their withholding calculator to see where you should place your exemptions then reach out to HR and make an adjustment on your W4.

Claiming ZERO, so the max amount of tax is taken out is typically not right for everyone, especially those  with dependents.

You can use SmartAsset’s paycheck calculator below to calculate your take home pay per paycheck for both salary and hourly jobs after taking into account federal, state, and local taxes.

 

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