Number of withholding

[BMay1]

I just bought a condo in California.   I have no dependants. I make around 135K. How many dependants on my withholding can I claim and not pay taxes?

[lferlazzo]

hello bmay:

figuring out withholding can be cumbersome.  the new w-4 is a bit different than in the past, there is no longer a spot where you claim exemptions. My suggestion is you use our tax calculator and project the taxdue /or refund.

see this link regarding the w-4. and the tax calculator

https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-a-w-4-form/L2NapDzX2

tax calculator: https://turbotax.intuit.com/tax-tools/calculators/w4/  

 note follow the screens will ask you for your current wages, ytd income tax withholdings/ withholdings per paycheck etc.  at the end , the summary will allow you to adjust withholdings to give the projected refund. A great tool   to correctly withhold on the w-4.

hope this  helps.