and i got 0 allowance, is because i filled out the w4 form wrong? plz teach me
2006-06-23 17:16:28 · 11 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
and i am single
2006-06-23 17:16:59 · update #1
The fewer allowances you claim the more they take out.
2006-06-23 17:19:10 · answer #1 · answered by laencm 2 · 0⤊ 0⤋
You got 0 allowance? Did you intend to say that you wrote 0 (zero) on your w-4 under number of allowances? As a result you were taxed too high, 29%?
Speak English, people.
If you have no dependants (just yourself), then claim 1 on your w-4.
2006-06-23 17:24:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Just go to HR and fill out another W-4. Allowance of 1 shouldn't make that much difference though. If you have deduction (like charity donation), you may be able to get away with deduction of 2, but, you may have to pay additional tax when you file. So, be careful.
2006-06-23 17:37:34 · answer #3 · answered by spot 5 · 0⤊ 0⤋
If you need more money for the week, go to your boss and ask to have your # changed from 0 to 1 but if you want to get back more at the end of the year, leave it as 0
2006-06-23 17:20:41 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The more allowances you have, the less tax that will be withheld. But be careful - you don't want to have too little taken out so that you end up owing money during tax time.
2006-06-23 17:20:18 · answer #5 · answered by jamie5987 4 · 0⤊ 0⤋
29% seems a bit high. I have a high income and generally get taxes about 26%.
2006-06-23 23:28:47 · answer #6 · answered by Meadowlark 2 · 0⤊ 0⤋
you probably filed 0 instead of 1
it doenst really matter tho because you'll get a HUGE tax return check in January
2006-06-23 17:19:39 · answer #7 · answered by Mj 4 · 0⤊ 0⤋
Just pay that and get your check at tax time. It sucks to owe Unc. Sam.
2006-06-23 17:20:46 · answer #8 · answered by elross 2 · 0⤊ 0⤋
Thank Bush, under Clinton it was 33%.
2006-06-23 20:34:14 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Are you sure some of that isn't other stuuf like social security, benefits, etc.?
2006-06-23 17:24:19 · answer #10 · answered by Tax Man 2 · 0⤊ 0⤋