Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   How much to claim on w4 (https://www.askmehelpdesk.com/showthread.php?t=243045)

  • Jul 29, 2008, 12:47 PM
    marmarouk
    How much to claim on w4
    Could you please help me figure out how much to claim on my w4? I make about $37000 my husband about $80000. We have one child and file taxes jointly.
  • Jul 29, 2008, 01:20 PM
    AtlantaTaxExpert
    Actually, it is rather simple. Claim ZERO exemptions as MARRIED.

    You see, because your income is piggy backed on your husband's income, the FIRST dollar you make is taxed at the tax rate imposed on the LAST dollar your husband makes, which is about 25%.

    So you need to OVER-withhold. Claimign ZERO exemptions will probably do the trick.

  • All times are GMT -7. The time now is 02:26 AM.