I work two jobs part time. I'm single with no kids. I've filed 0 on both W4's but someone told me file 1 for the second job. Can I file 1 without owing for taxes?

Forum|Forum|7 years ago
June 4, 2019
3 replies
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Critter

Level 15

That is impossible to calculate without knowing all your personal income amounts ... however if you want to be sure to not owe at the end of the year stick with zero on both. If you were going to do a 1 on line 5 then it should be for the higher waged income and not the lower income.

Try these tools:

http://www.irs.gov/Individuals/IRS-Withholding-Calculator

https://turbotax.intuit.com/tax-tools

http://turbotax.intuit.com/tax-tools/calculators/taxcaster

VolvoGirl

Level 15

@Critter#2 why 1 on the higher job? I would think it would be better on the lower job. Then the increase w/h on the high job would cover the tax for the lower job. Or I guess it would give you more benefit on the higher job because your deductions and exemptions would probably go more against the high income?