when i begin working how many dependents do i claim on taxes myself and my spouse or what?

Question

well i claim head of household and 1 dependent and my husband claim single and 1 dependent.

Answer 1

If you are asking about your W-4, which tells your employer how much to withhold, use the IRS withholding calculator linked below. If you are asking about your actual tax return, neither of you can claim head of household or single. Your options are Married filing Jointly, and Married filing Separately.

Answer 2

How big a refund do you want?

The more exemptions you claim, the smaller the amount that will be withheld, and you'll recieve a smaller refund (if you're getting a refund)

If you claim few or no exemptions, they'll take out more money - and your refund will be bigger.

Claiming "single" will take more takes out of your paycheck than "head of household".

If you want a big refund - use "single". If you want more money in each paycheck during the year, and a small refund, use "head of household" and however many dependents you have.

(If BOTH of you are working, and BOTH of you are claiming each other as dependents...you may end up owing money - because the formula for withholding taxes will not account for the income being made by the spouse. If there is one dependent (child) in the house - only ONE of you should account for that expemption in your withholding)

Answer 3

How many people are in your family exactly and what other major obligations do you two have such as a home mortgage, medical insurance and expenses, etc.

Your question is clear but you explanation isn't. At this stage of the game, go to an inexpensive tax accountant or preparer, discuss your entire income and expenses with them and they should be able to give you some guidance. On the other hand I hope there is some else out there who has the fortitute to answer your question and it requires a bit of detail.

Answer 4

Is there 1 or 2 dependents? You both can't claim the same dependent on seperate returns.
Unless there is a large difference between incomes, why not just file joint return?

Answer 5

I file o and married, so the government takes out the most amount of taxes, which makes it easier at the end of the year in case we have to pay more. When you are married, it benefits you to claim 2, as their is more deduction, than one, and if your income is low then you will get more money back. In the beginning of the year, and you claim 1, then less money will be taken out of your check, but at the end of the year and you have good incomes, then you will pay more. Good luck. Also, if in question, go to H and R Block, where they have good accountants, it is cheap, and they can advise you on what the best way to go is.

Answer 6

If you file a joint return, you chose who will be considered head of household and then one other dependant, which is the other spouse. For a total of 2.

Answer 7

you won't have the ability to be seen self sufficient for the needs of economic help except you're: - over the age of 24 - married - have dependents different than an substantial different - vet of the U. S. militia - have been declared an emancipated minor or ward of the courtroom till now age 18 otherwise, you're seen based for the needs of economic help, whether your mom claims you as a based on her taxes or no longer. In some particular situations, the Director of economic help at your college can evaluate you self sufficient, whether you do no longer fall into between the a number of varieties, above. in spite of the undeniable fact that that's regularly only executed in case you genuinely can not get your mum and dad' data - as an instance, they kicked you out on the grounds which you're LGBT after beating you mindless, and have disowned you. that style of ingredient. no longer only on the grounds which you help your self and stay on your individual, regrettably.