Ask Experts Questions for FREE Help !
Ask

W4 question about dependent

Asked Nov 21, 2011, 10:55 AM — 3 Answers
My husband and I both work, but I am covered under his medical. Does that make me a dependent?

Search this Thread
Share |
3 Answers
taxesforaliens's Avatar
taxesforaliens Posts: 607, Reputation: 563
Senior Member
  
#2

Nov 21, 2011, 12:51 PM
No, that doesn't make you a dependent.
You can use the IRS withholding calculator to fill out your W4:
http://www.irs.gov/individuals/article/0,,id=96196,00.html
Helpful  (1)
seasonss's Avatar
seasonss Posts: 3, Reputation: 1
New Member
  
#3

Nov 21, 2011, 01:05 PM
awesome thanks!
Helpful
AtlantaTaxExpert's Avatar
AtlantaTaxExpert Posts: 19,887, Reputation: 3728
Senior Tax Expert
  
#4

Nov 22, 2011, 12:37 PM


I agree that you are NOT a dependent, but that is NOT the crucial issue in your case.

You need to have enough taxes withheld to cover your joint tax liability. Since the FIRST dollar you earn is taxed at the marginal tax rate of the LAST dollar your husaband earns in 2011, you must OVER-withhold to compensate for the higher tax rate.

The BEST was to ensure this happens is for your husband to claim MARRIED with ONE allowance and for YOU to claim SINGLE with ONE allowance. It is too late in the tax year for this to have a significant effect on your tax return for 2011, but that should cover you for 2012.

If you get a BIG refund in January 2013 on your 2012 tax return, then you can adjust the withholdings accordingly.
Helpful
Not your question? Ask your question View similar questions
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting
 

Undo
Redo
  
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type:



Check out some similar questions!

I have student visa with my dependent for UK, can my dependent work full time [ 1 Answers ]

I have student visa with my dependent for UK, can my dependent work full time?

H1B visa dependent question [ 4 Answers ]

Hello, Could you please clarify this question for me? (a) I'm an Indian Citizen and worked in the US during 2010 on H1B visa. My wife was with me in the US the entire 2009 on a dependent visa H4. During 2009 my wife applied and got the ITIN number. My wife went to India in January 2010 and...

Dependent filing with husband as dependent [ 1 Answers ]

I am from India temporarily working in US on a H1-B visa. My husband had visited me last years for around 2 months here. Otherwise he works in India. 1. Can I do a joint filing with him being my dependent since he was as good as a dependent while he was in US? 2. Also he isn't here presently...

H4 Dependent visa question [ 0 Answers ]

I have to appy for H4 dependent visa for my wife. She in working in India so in DS160 I will declare the same. But at the time of visa stamping do we have get any no objection certificate from her employer?

View more Taxes questions Search