should we file married or married but withhold at a higher rate for both of us. thank you.
2007-02-05 03:36:47 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
I meant the w-4.
2007-02-05 04:08:38 · update #1
You mean the Form W4 with your employers, right?
If you are married and both work, the one with the higer income should generally file Married - 1 and the other Married - 0 or 1.
Ideally you should both complete the worksheets on page 2 of the Form W4 to figure out your exemptions for withholding purposes properly.
2007-02-05 03:43:21 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
You mean the W4. The W2 is your statement of earnings at the end of the year. The IRS has a calculator that can help you determine how to fill out the forms.
2007-02-05 11:41:27 · answer #2 · answered by rosekm 3 · 1⤊ 0⤋