Hi,
My daughter who is still 6 must complete a W4 form for her employer. Somewhere on the internet, I read that for a working minor like her to write down EXEMPT on line 7 is better in the future because then she will have the money sooner and it will make things easier for the parents who claim the child also. I am not understanding this. She is a minor and my husband and I will claim her just like in the previous year. What would be the reason to write down EXEMPT instead of claiming 0 allowances on her W4?
My husband and I, usually, file married filing jointly. What will happen when we file a tax refund and claim her if we put EXEMPT on her W4 and or 0 allowances?
Help, we need to submit the form today. Thanks!
