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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?
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June 5, 2019
10:48 PM
last updated
June 05, 2019
10:48 PM
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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.
June 5, 2019
10:48 PM
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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
June 5, 2019
10:48 PM
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