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Help with the W-4 form.
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<blockquote data-quote="upsgrunt" data-source="post: 632808" data-attributes="member: 9295"><p>It depends on how much of a refund you want, or don't want, when you file your taxes. Claiming 1 exemption, with no additional withholdings, should get you close to both owing nothing and getting no tax refund when you file your tax return in March. If you want to receive a tax refund, then claim 0 and or have additional withholdings taken out each pay period. You are basically giving the government a interest free loan, but some like to get that refund in March.</p><p></p><p>Hope this helps.</p></blockquote><p></p>
[QUOTE="upsgrunt, post: 632808, member: 9295"] It depends on how much of a refund you want, or don't want, when you file your taxes. Claiming 1 exemption, with no additional withholdings, should get you close to both owing nothing and getting no tax refund when you file your tax return in March. If you want to receive a tax refund, then claim 0 and or have additional withholdings taken out each pay period. You are basically giving the government a interest free loan, but some like to get that refund in March. Hope this helps. [/QUOTE]
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Help with the W-4 form.
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