So I am one of those people who fall into the Single no children 45-52k salary range. Anyone have any advice on what I should claim on my taxes so that I end up paying approximately the right amount of taxes and don't have to pay a ton or get too much of a refund in return? I'm torn between claiming 1 or 2.
2007-03-30 08:26:40 · 3 answers · asked by Gary O 2 in Business & Finance ➔ Taxes ➔ United States
Go to www.irs.gov, individual, withholding calculator.
Complete the prompts and you should have an accurate withholding.
Good Luck
Remember to contribute maximum amounts to your IRA,
Investment Property,
Speak to a Financial Adviser with credentials. Sometimes they are hidden in your local bank....little gems.
2007-03-30 08:37:06 · answer #1 · answered by Wood Smoke ~ Free2Bme! 6 · 0⤊ 0⤋
Put in enough to at least equal your 2006 total tax.
You can change the number of allowances to do this, or specify an additional dollar amount on the W4.
2007-03-30 08:42:14 · answer #2 · answered by r_kav 4 · 0⤊ 0⤋
If you claim 2 you're likely to end up owing a fair amount unless you have significant itemized deductions.
2007-03-30 15:41:15 · answer #3 · answered by Judy 7 · 1⤊ 0⤋