▲ 4 r/tax
Help!! 19F, first full time job 15/hr, what is the "2026 withholding" & tax exempts stuff?
hi! i've encountered a quick confusing issue that has stopped me from filling out this tax setup tool for my new job. i'll be making 15/hr full-time.
just to make sure i'm getting this right, it says:
To be exempt, you must meet the following requirements:
- For 2025, you had no federal income tax liability; AND
- For 2026, you expect to have no federal income tax liability.
If you claim exemption, you will have no income tax withheld from your paycheck and may owe taxes and penalties when you file your 2026 tax return.
which means it'll be a lump sum at the end of the year, right? instead of having it docked from my paycheck? should i just go for the paycheck?
sorry if this sounds dumb, i genuinely just woke up to the onboarding process after a long night and i just don't want to get anything wrong :')
u/Gloomy_Record_4082 — 1 day ago