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    JLEMTAgirl's Avatar
    JLEMTAgirl Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 21, 2011, 10:54 AM
    I accidentally checked exempt on my w4, what now?
    I accidentally checked exempt on my W4 but luckily I caught it 5 months into the new job and it's the beginning of Novemeber. Should I have extra money pulled out of each check, or should I just pull it out myself and put it ina savings, or will it sort of cancel itself out?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 21, 2011, 01:44 PM
    I would file an estimated payment in January. If you are underwithheld, you could incur a penalty.
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