just started a new job and got a big raise. I am renting a new house and would like more money on my check but not have to end up paying at the end of the year. I currently claim zero.
I am single, no dependents...I need the extra cash to help cover rent and other monthly payments.
2007-06-13 09:20:24 · 3 answers · asked by ls2goat 1 in Business & Finance ➔ Taxes ➔ United States
If you claim 2 exemptions, you will have a small refund. If you claim 3 exemptions, you will owe a little.
You can claim one exemption on your W-4 for every $3400 in deductions that you plan on having. This includes pre-tax benefits like 401(k), health insurance, and flexible spending accounts.
2007-06-13 11:23:34 · answer #1 · answered by Steve 6 · 0⤊ 0⤋
Don't go higher than single-1. Leaving it at single-0, you'd probably end up with a refund. With single-1, you should be pretty close at the end of the year.
2007-06-13 16:36:11 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
all you can get. the max.
2007-06-13 16:56:35 · answer #3 · answered by bullet b 4 · 0⤊ 0⤋