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Avoid Refund Delay - Change Your W-4

  • rwdfinancial
  • Jul 27, 2016
  • 1 min read

Increase your take-home pay and avoid any refund delay in 2017.

On June 11, 2016, I posted information about the IRS' announcement that according to the PATH Act, if a taxpayer claims either the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) on his 2016 Form 1040, any refund will be delayed until after February 15. I just posted a new article on this website that explains how you can keep more money in your paycheck, thus reducing any refund you may be entitled to.

The article is entitled Keep More of Your Money – Don't Loan It to the IRS. It explains how you can complete your Form W-4 in such a way that you can keep more of your hard-earned money now instead of getting it refunded when you file your income tax return. If you expect to claim either the EITC or the ACTC, then you can avoid the delay by getting your money now. Check it out.

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