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-   -   I am 18 and about to start my first job. Still being claimed,how do I fill out my W-4 (https://www.askmehelpdesk.com/showthread.php?t=674650)

  • Jun 24, 2012, 12:39 PM
    LalaHenderson
    I am 18 and about to start my first job. Still being claimed,how do I fill out my W-4
    Question states everything. I still live at home. I have never had to fill out this paperwork before and its unfamiliar. Help would be greatly appreciated.
  • Jun 24, 2012, 12:41 PM
    ScottGem
    If you are living at home and you own no property or have any significant tax deductions, then just claim 0 or 1.
  • Jun 24, 2012, 12:44 PM
    LalaHenderson
    Quote:
    Originally Posted by ScottGem View Post
    If you are living at home and you own no property or have any significant tax deductions, then just claim 0 or 1.
    Does it matter that I am being claimed as a dependent by my parents?
  • Jun 24, 2012, 01:07 PM
    ScottGem
    No. The purpose of the W4 is to determine how much should be withheld from your pay check. You do not have to be accurate.
  • Jun 24, 2012, 01:33 PM
    AtlantaTaxExpert
    Claim SINGle with ONE allowance and you will be fine.

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