I'm on a teacher salary and had to pay more then I thought and put me in a bind. What should I claim so I don't have to pay anything or very little at the end of the year???
2007-04-16 11:25:47 · 2 answers · asked by selina34_1 1 in Business & Finance ➔ Taxes ➔ United States
The W-4s let you dial it up anyway you like.
More allowances means less withholding, so lower the number of allowances.
If you're down to 0 allowances, and/or you want an additional amount withheld every check, there's a place to write that in.
The IRS gives you a form to help work out the right number of allowances, but I find trial and error often works better.
2007-04-16 11:32:00 · answer #1 · answered by Wolf Harper 6 · 0⤊ 0⤋
Fill out the worksheets on page 2 of the Form W-4. This will help you ensure that you don't under or over pay during the year.
2007-04-16 18:30:55 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋