Every year I normally get back about 4 to 6K a year from fed and state combined. I'd like to bring home more money thru my weekly pay checks and not have to pay taxes at the end of the year. And if possible still get a small tax return?
Is there a calculator or some sort of chart that can help me?
I am like most people and use my tax money as a savings..I know this is not a good thing but I suck at saving money. When I say this to some people they say "why are you letting uncle sam collect interest off of your money"....so now I have decided to listen to my wise friends but I need help.
2007-08-07 16:12:22 · 2 answers · asked by likeasavage 1 in Business & Finance ➔ Taxes ➔ United States
Correction!!!...I mean my W-4...just in case some one is confused...but so far the people who answered knew what I meant.
2007-08-08 13:54:26 · update #1
www.paycheckcity.com can help you. It is a paycheck calculator site.
2007-08-07 16:21:04 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Use the calculators at http://www.paycheckcity.com to "slice and dice" your withholdings. You want to boost your take-home pay by around $75 - $100 per week. It will be pretty easy to add a few withholding allowances and see how many it will take you to get there. Once you've figured out the number to claim, file a new Form W-4 using those numbers.
2007-08-08 00:33:55 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋