Single with no dependents or Single with one dependent?
2007-06-20 02:32:15 · 6 answers · asked by chrissmcguiree 2 in Business & Finance ➔ Taxes ➔ United States
Single no dependents. You should therefore get one exemption, for yourself.
2007-06-20 02:35:51 · answer #1 · answered by redwine 6 · 0⤊ 0⤋
Single without dependents
2007-06-20 05:09:07 · answer #2 · answered by Julia M 1 · 0⤊ 0⤋
Single with no dependents but check the box for yourself under exemptions and you'll claim one exemption. There's a difference in dependents and exemptions.
2007-06-20 02:54:19 · answer #3 · answered by angela 6 · 0⤊ 0⤋
I assume you're asking about your W-4.
Single-one should get you pretty close, you'd either get a small refund or owe a small amount when you file.
Single-zero will have them withhold more, so you'll probably get a refund but only because you lent the government your money interest-free through the year.
If you have credits like college tuition loan interest or IRA contributions, single - one allowance would be very safe.
2007-06-20 04:16:27 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
Single---
2007-06-20 02:47:47 · answer #5 · answered by hopeful 2 · 0⤊ 0⤋
When you fill out your W4 for employment you can claim one (yourself) or zero. Claiming zero will mean more out of your check but in the end you will not owe taxes and should get a bit of a refund. I have found claiming 1 often made me end up owing state taxes--depends on what state you are in.
2007-06-20 03:45:57 · answer #6 · answered by lilabner 6 · 0⤊ 0⤋