mustang12
May 19, 2009, 02:29 PM
I am a recent first time homebuyer. Prior to this time, I have claimed 0 or 1 on my employer tax decuctions. A family member suggested that now claim at least 3. I don't want to owe at the end of the year. I am a UT resident. What do you suggest I claim?
AtlantaTaxExpert
May 21, 2009, 08:00 AM
You exemption count should be on the W-4 should be:
- ONE for yourself.
- ONE for any dependent.
- ONE for your spouse (if married and the spouse is NOT working). -- ONE for your house.
TOTAL of FOUR exemptions, which should result in you getting a small refund.