when I got hired for a job at an AMC theater yesterday. One of the managers was helping me and another new hire out, and she was saying that 0 would have the government take more out now, but give me more back later, or something like that, so I just claimed 0. Was that the best thing to do? I'm an 18-year-old still living with my parents (in California), and I'm a full-time college student
Some people say that it's better to just claim 1, take a bigger paycheck, and deposit some of it into a savings account with interest, and just pay the government back with that if I owe them. If I claim 0, then I'm practically giving the government an interest-free loan. The savings account I have is WaMu and I believe it's .25% (a month, I think)...is that gonna yield much over time?
Any professional advice?
2007-11-30
06:04:24
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5 answers
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asked by
Anonymous
in
United States