turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I'm trying to decide if I should claim my dependents on my W-4 to get me more money each month...I have 3 children but always claim 0 deductions..but I need advice please

I don't want to have to pay taxes later...so how many dependents can I claim to get more per month without causing me to have to pay later?
2 Replies
PeterM
New Member

I'm trying to decide if I should claim my dependents on my W-4 to get me more money each month...I have 3 children but always claim 0 deductions..but I need advice please

This question can only be answered accurately if I (or we) knew how much you make, how often you're paid, and you're marital status. The IRS has a publication that you can look at that shows you how to compute what your tax liability will be based on those factors that I mentioned above. That publication is IRS Publication 15 (click here).


The more exemptions you claim on Form W-4, the less federal income tax is taken out of you paycheck. So, if you don't claim any exemptions, your employer will withhold more federal income taxes from your paychecks.


I'm trying to decide if I should claim my dependents on my W-4 to get me more money each month...I have 3 children but always claim 0 deductions..but I need advice please

38000/year payed 2 times a month married filing joint
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v