As a single male with no kids, should I claim 1 or 2 on W-4. I make a good salary and live in NYC?

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As a single male with no kids, should I claim 1 or 2 on W-4. I make a good salary and live in NYC?

2007-06-06 07:04:20 · 2 answers · asked by johnnylett 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

Claim 1 on your W-4 and see if that is going to be enough. Drop to zero if you owe a lot of tax next year. If you get a refund, then you may want to increase your allowances to 2.

2007-06-06 08:24:19 · answer #1 · answered by ninasgramma 7 · 0⤊ 1⤋

Even claiming 1, you could end up owing a little - I wouldn't claim two in your position.

2007-06-06 07:31:48 · answer #2 · answered by Judy 7 · 0⤊ 1⤋