2006-08-14 06:11:24 · 9 answers · asked by atl_diva 2 in Pregnancy & Parenting ➔ Other - Pregnancy & Parenting
As a single mom you should claim one for you and one for each of your kids
If you make good money, and you can afford to claim less, you can get more back at the end of the year. Depends if you want a litle extra each month or a check at the end of the year. I go for claiming more to get a little extra on every check. I dont make enought to owe at the end of the year anyway.
2006-08-14 06:22:50 · answer #1 · answered by froggy 3 · 0⤊ 0⤋
That depends on how much money you want back at the end of the year. if you want to keep more in your pocket i would claim your child. If you like getting a larger refund then claim 0. There should be a guide on your form that you fill out with your employer that guides you on how much to claim. Your exemptions do not always equal your number of children. you can also claim yourself and if you take a child tax credit. The list goes on. Have your human resource person at your company get you the right forms.
2006-08-14 06:19:35 · answer #2 · answered by JenUs 2 · 0⤊ 0⤋
claim 2
2006-08-14 06:16:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Actually a single mom should claim 2 on her W4. One for yourself and one for the baby.
You will also get the child tax credit which should help your refund. I would also make sure that you get baby a Social Security number if you have not already done so.
Child support is not taxable to you, but spousal support (ie Alimony) if you are receiving it is taxable.
2006-08-14 06:18:22 · answer #4 · answered by mikeae 6 · 1⤊ 0⤋
depends on how much you want them to take out. My husband and I claim 0, and when tax time comes around we get more back. We have two children. We use it like a savings account, exsept it doesnt yern intrest.
2006-08-14 06:18:21 · answer #5 · answered by butterfly 5 · 0⤊ 0⤋
you're in uncomplicated words talking about WITHHOLDING, it really is what's (duh, withheld) and despatched to the commercial organization of the IRS. once you compute your tax criminal responsibility next spring you will pay in additional effective, or get funds back, looking on your prepayment (what grow to be already withheld) and your criminal responsibility (the actual tax it really is yours to pay). someone who's a depending on some different person's taxes does pay more effective then a first filer if the depending makes more effective than $5700 (? or so, 2011) because they don't look to be getting the further 3700 (or so) deduction of their personal deduction. So, depending will pay taxes on all income over $5,seven-hundred (or inspite of it truly is) and customary filer (5700 + 3700) will pay taxes on income over $9,four hundred EDIT: tro is little question proper that it truly is 5800 for 2011; yet same theory
2016-11-25 00:45:00 · answer #6 · answered by dalhaus 4 · 0⤊ 0⤋
If you want more money on payday you want to claim more and if you want more money on tax day claim less
2006-08-14 06:19:48 · answer #7 · answered by cenaldora 2 · 0⤊ 0⤋
o if you want to see a possible tax refund at the end of the year. 1 if you want less taxes witheld from your weekly/bi-weekly pay check.
2006-08-14 08:40:01 · answer #8 · answered by Anonymous · 0⤊ 0⤋
one.
2006-08-14 06:16:06 · answer #9 · answered by nakedandsucking 4 · 0⤊ 0⤋