Please help me fill out my w-4 :)
Featured Replies
This topic is now closed to further replies.
Currently Reading 0
- No registered users viewing this page.
A better way to browse. Learn more.
A full-screen app on your home screen with push notifications, badges and more.
i don't know how much to withhold. i tried the irs calculator and here's what it says.
based on your responses, your anticipated income tax for 2006 is $211. if you do not change your current withholding arrangement, you will have $0 withheld for 2006, leaving $211 due when you file your return. to meet your anticipated tax of $211, change your current withholding arrangement by claiming 0 allowances plus an additional amount of $46 for the balance of 2006. here's how:
assuming this recommendation is in effect for the rest of 2006, your withholding will approximately equal your anticipated tax, and any refund or balance due should be less than $25.
if i use withhold five dollars per pay period, then i would only be withholding 46 for the year. how to i withhold the $211 they mentioned? and why is there an additional amount of $46 to the $211 when it says my anticipated tax income is $211. i don't have a personal tax person to go to because i decided to switch this year. and i don't want to pay the $50 to visit a tax person just to ask this question. any advice would help, thanks.