MITBeta wrote:ladykemma2 wrote:4. tax withholding is at "single" rate. is this right?
I would think you'd want the withholding at married unless you have a reason to over-withhold.
I found a great tool here that allows you to put your paycheck info in and see what the net take-home result would be. Another tool let's you setup your W-4 withholding sheet.
http://www.paycheckcity.com/NetPayCalc/ ... ulator.asp
in the past years whenever we withheld at the "married" rate we got hit with a 5K tax bill. yikes.