How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Mark Taylor Your Own Question
Mark Taylor
Mark Taylor, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 2061
Experience:  Certified Public Accountant
Type Your Tax Question Here...
Mark Taylor is online now
A new question is answered every 9 seconds

Can you help me decide if I am paying too much taxes please

Customer Question

Can you help me decide if I am paying too much taxes please
Submitted: 9 months ago.
Category: Tax
Expert:  Mark Taylor replied 9 months ago.

Hi, my name is Mark. I will be happy to help you with your questions. To determine if you are paying the correct amount of taxes I would need some additional information. Could you please give me some more information about your situation.

Customer: replied 9 months ago.
I am a new hire and some of my coworkers are receiving higher paychecks even though we have the same salary so I am assuming I am being taxed more
Expert:  Mark Taylor replied 9 months ago.

What you are referring to is the amount of taxes that are withheld from your paycheck. This would be determined by how many exemptions that you claimed on the w-4 that you completed.

Expert:  Mark Taylor replied 9 months ago.

Your taxes would be determined by your income, less any deductions, less your personal exemption. If the amount of your withholding is greater than the taxes that are due you would receive a refund. It is possible that your coworkers tax situation is different. Perhaps they are married, have children, or are withholding a smaller amount.