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I have calculated my taxes this year using TurboTax 2000. That said, I have determined that I will be getting back approx $3000 this year.

I currently have my status as single with exemptions of 2. My salary is in the 90K range .I had about 18K in itemized deductions and I maxed the 401K.

I would rather have this $3000 in my possession rather that Uncle Sam's. Should I increase my number of allowances by 1 in order to have less taken out and essentially break "closer to even" next year? or am I running a risk of owing a chunk by doing so.

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