My husband and I recently moved to NYC and are starting new jobs. We have already decided to file married filing separately for the 2024 tax year. Given this, I expected to choose "Married, but withhold at higher single rate" on the IT-2104, but my employer auto-selected "Single or head of household" on my form.
What impact will this have when I file taxes next year? Do the "Single" and "Married, but withhold at higher single rate" options withhold at the same tax rate? If I leave it as "Single", can I still file married filing separately without penalties?
