topic Dependents in Deductions & credits

Dependents

embreyab — Fri, 16 Aug 2019 08:56:22 GMT

Recently moved for work and my wife is no longer working. We have a daughter so how many dependents should I be claiming? Ideally don’t want to have to pay in at the end of the year. We both had always done 0.

Re: Dependents

DoninGA — Fri, 16 Aug 2019 09:26:54 GMT

Use the IRS Withholding calculator for the number of allowances to enter on your W-4 - https://www.irs.gov/payments/tax-withholding

Re: Dependents

Hal_Al — Fri, 16 Aug 2019 13:01:05 GMT

There is no simple answer. It depends on too much other information. You need to go thru the detailed steps on the W-4 estimator.

Re: Dependents

Anonymous — Fri, 16 Aug 2019 16:34:22 GMT

you can also use TT's taxcaster website to see where you stand