topic Re: Tax question in Get your taxes done using TurboTax

Tax question

CHANEY51 — Tue, 25 Feb 2025 21:49:09 GMT

We are married in PA. no children I am on Social security non taxable in PA. My husband makes around 40,000 per year. How many dependents should we claim without oweing at the end of the year?

Re: Tax question

LindaS5247 — Tue, 25 Feb 2025 22:04:01 GMT

I assume you are referring to your Form W-4.

Since you are receiving (Nontaxable) Social Security and your husband is only working one job, and you take the Standard Deduction you most likely do not need to claim any additional dependents on your Form W-4.

You can click on "single or married filing jointly'' and leave everything else on the form blank.

You can use this calculator to calculate your W-4 amounts. Click here for W-4 Calculator.

The IRS also has a Tax Withholding Estimator for Form W-4 Tax Withholding Estimator

Click here for "How do I update and print a new W-4?"

Click here for "Video: Guide to the W-4 Tax Form Employee's Withholding Allowance Certificate"

Click here for "Withholding Allowances: Are They Still Used on IRS Form W-4?"

Re: Tax question

Opus 17 — Tue, 25 Feb 2025 22:09:55 GMT

Do you have dependents?

Just fill out the W-4 accurately. It has 4 pages, not just the front page, and the worksheets on the other pages will help you out. Be sure to include the social security, because it could be taxable at the federal level depending on your spouse's income. Or use the IRS calculator.

https://www.irs.gov/individuals/tax-withholding-estimator

Assuming you file jointly, your taxable income will put you in the 10-12% federal tax bracket. The W-4 system (the form, and the calculations used by employers) are designed to withhold the right amount of tax so you get a small refund and don't owe.

There may be a different PA-specific form that you can also give the employer if you don't want them to use federal assumptions for state taxes.