We just realized he's only claiming zero after wondering why so much darn tax money comes out of his checks. We have no children, I don't work... should he claim one or two to maximize his paychecks without owing at the end?
2007-08-28 03:15:30 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Since you do not work, he can claim 3 and be within pocket change of breaking even at tax time. There might be a small bill or refund, normally within $50 of even money in most cases. Claiming 2 will assure a smallish refund. Anything less than 2 will result in too much tax being withheld.
2007-08-28 03:28:00 · answer #1 · answered by Bostonian In MO 7 · 3⤊ 1⤋
He can basically claim 2. I've also attached a paycheck calculator website to see how much you should be having withheld from paychecks. He can then check with hr/payroll dept to see how many exemptions he can claim.
2007-08-28 04:22:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋
He'd be pretty safe claiming two.
2007-08-28 04:13:11 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
0 if he wants a refund
1 if he wants to break even
2 if he is brave and can handle owing the feds $$$
No kids and you have no job ?
What is up with that ?
What if he was in an accident ?
How would you survive ?
But if you are in school , that is a form of job . . .
You are preparing to be viable !
>
2007-08-28 03:21:33 · answer #4 · answered by kate 7 · 1⤊ 3⤋