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claiming allowances on upsers.com
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 436081" data-attributes="member: 12570"><p>I claim 7 for Federal and 1 for State. The reason I claim 7 is that I have 25% going to my 401K and raising the withholding allowances to 7 allows my take home pay to stay about the same. My tax bill will be very close to zero after all of my other deductions and the 401K contribution coming right off the top.</p><p> </p><p>You will find many helpful calculators on line to help you figure out how to properly fill out your W-4 for your particular situation. Try one of these and, if any changes are suggested, update your W-4 about midway through December so that the changes take effect 1 January. (Sorry, I was military and still write my dates this way.)</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 436081, member: 12570"] I claim 7 for Federal and 1 for State. The reason I claim 7 is that I have 25% going to my 401K and raising the withholding allowances to 7 allows my take home pay to stay about the same. My tax bill will be very close to zero after all of my other deductions and the 401K contribution coming right off the top. You will find many helpful calculators on line to help you figure out how to properly fill out your W-4 for your particular situation. Try one of these and, if any changes are suggested, update your W-4 about midway through December so that the changes take effect 1 January. (Sorry, I was military and still write my dates this way.) [/QUOTE]
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