Give Yourself a Raise! If you got a big tax refund last year, it could mean that you're having too much tax taken out of your paycheck every payday. Filing a new W-4 form with your employer (talk to your payroll office) will insure that you get more of your money when you earn it. Here's a calculator that will help you determine how many withholdings to claim: http://www.kiplinger.com/tool/taxes/T055-S001-tax-withholding-calculator-kiplinger/index.php
The W4 is a very basic tax form that doesn’t change much year to year. Although its use is extremely simple, it’s good to know that you can indeed influence the amount of taxes withheld from your wages. It’s your money, and it’s usually better to get it as soon as you can.