Thanks, Coleen. I've seen other posts where married couples have claimed zero allowances and still owed money. They were told that they needed to file new W-4s marked as "withhold at a higher single rate," because not doing so indicates you're the only person in the household making money, therefore having less money taken from each paycheck resulting in underpayment. I've also seen it said that withholding at a higher single rate is beneficial when spouses are making similar incomes. Is either of these statements correct?
Why would the difference in zero allowances and one allowance be so great as to (theoretically) result in us getting a refund or owing hundreds of dollars?
