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    LalaHenderson's Avatar
    LalaHenderson Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jun 24, 2012, 12:39 PM
    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.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jun 24, 2012, 12:41 PM
    If you are living at home and you own no property or have any significant tax deductions, then just claim 0 or 1.
    LalaHenderson's Avatar
    LalaHenderson Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Jun 24, 2012, 12:44 PM
    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?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #4

    Jun 24, 2012, 01:07 PM
    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.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #5

    Jun 24, 2012, 01:33 PM
    Claim SINGle with ONE allowance and you will be fine.
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