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64% of Americans can’t define this key tax term

By Kathleen Elkins

“All taxpayers should review their W-4 election on at least an annual basis,” Eric Bronnenkant, head of tax at Betterment, tells CNBC Make It. Plus, it’s a good idea to revisit it after any major life change, he says, such as having a child, getting married or divorced, or if your spouse dies at any time during the year.

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This article originally published August 27th, 2019 on CNBC