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I have 3 part-time jobs, all pay relatively the same. On all 3 W4s, I claim 0 allowances. What impact does this have?
*I live in NJ* and I have 3 part-time jobs all paying between $13 - $18 an hour. On all my NJ-W4s (State of New Jersey - Division of Taxation Employee’s Withholding Allowance Certificate) for the jobs, I claimed 0 (zero) allowances on since I was confused by the calculations on the multiple jobs worksheet. I am filing single, claim no dependents, and filled out the federal W4 form (yes I had to fill out both a federal and the NJ State w4s) Steps 3 and 4 with all $0.00 (no deductions and no extra withholdings). How will this impact my tax return? What about my paychecks?
Thank you for the help in advance.
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September 22, 2020
6:35 PM