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You can file as exempt from withholding for as long as you meet the criteria set by the IRS, which typically applies to individuals who had no tax liability in the previous year and expect none in the current year. However, if you file exempt, you must ensure that your situation doesn't change, as failing to pay taxes could result in penalties. It's important to review your eligibility each year and file Form W-4 with your employer to maintain your exempt status.

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2mo ago

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