What Does Exempt Mean On Taxes? Are you confused about what it means to be exempt on your taxes? In this informative video, we'll break down the meaning of 'exempt' on your W-4 form and what it means for your taxes. If you're claiming exemption, your employer won't withhold any federal income tax from your paycheck, but you'll still need to file your tax return and pay any taxes owed by the deadline. We'll also discuss the criteria you need to meet to be exempt, such as having no tax liability in the previous year and expecting to have no tax liability in the current year.
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What Does Exempt Mean On Taxes? - CountyOffice.org
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