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W4 married filing jointly- abnormally high allowances per IRS Calculator
Hi there,
I used the IRS withholding calculator located at https://www.irs.gov/individuals/irs-withholding-calculator which is advising that I claim 8 allowances (based on 2016 taxes to date entered).
Does this seem abnormally high to anyone else? For reference I had been claiming 1 allowance before.
I am worried this is flat out wrong, but I did enter all info accuratly into IRS calculator (attached results as image).
I used the IRS withholding calculator located at https://www.irs.gov/individuals/irs-withholding-calculator which is advising that I claim 8 allowances (based on 2016 taxes to date entered).
Does this seem abnormally high to anyone else? For reference I had been claiming 1 allowance before.
I am worried this is flat out wrong, but I did enter all info accuratly into IRS calculator (attached results as image).
Topics:
May 31, 2019
5:57 PM