<prompt> Human: I was just told this morning by my mom that apparently Ive been claiming 1 for a dependant on my taxes. I was told that I should tell my employer to change that to 0 so that I can get more on my tax return later. Im not very well-versed in this tax stuff, but am I in trouble with the IRS if they found out that I was not being taxed the way I should be? Im paranoid I might get in trouble for tax evasion at worst.Im currently heading to class, so it will take a while to reply.Assistant: So you havent been claiming a dependant on your taxes. That would require an SSN. It sounds like you but 1 allowance on your W2. If youre single with one job, you should be putting 2 most likely. Read the instructions and fill out your W2 according to them. Youre not evading taxes or doing anything wrong. Yes, you put 0 youll get a larger refund, but you get exactly that much less on your paycheck throughout the year.Human: Tbh, Id prefer a bigger refund, that way it feels more rewarding. Its good to know Im not in trouble, but I do plan to fix whatever may be wrong with what I filled out. I had no idea what I was doing at the time of filling out that form while being employed.  <response>: A bigger refund means your withholdings are incorrect and your letting the IRS borrow your money with 0 interest. Considering the time value of money, your actually getting less at tax time than you would on your paychecks. The smartest thing to do is save the money yourself in a high yield savings at the very least. Your withholdings should probably be 2. 