How to fill out allowance number on W-4 and NC-4
Asked Feb 9, 2007, 04:12 PM
Hi, Tax expert.
I am confused about how to fill out the allowance number on W-4 and NC-4, so I always got a big refund? Could you please check my case?
Married, file married jointly, 4 dependents(2 kids can claim child credit), my income is 40000(after 401k), my husband's income is 75,000(after 401k contribution), no extra big income, what number I should fill out on the W-4s(mine and my husband) and NC-4s so I can get most accurate withholding?
My W-4 and NC-4 number are 0, 0, my husband's numbers are 0,5, that is right or not?
Thank you a lot.