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It is currently Thu Nov 27, 2014 4:47 am




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 Post subject: W4 questions
PostPosted: Wed May 02, 2007 7:05 am 

Joined: Wed May 02, 2007 6:56 am
Posts: 3
Hello,

As stated in an earlier post, i've purchased a new home. I'm currently seperated on my way to being divorced from my wife. What do you guys have your witholdings set at on your W4 ?? I called a CPA a few days ago & will probably let him go over all my stuff, but was just wondering. I'm currently claiming Married 1, but the CPA i spoke with I could easily go up to Single 5 or 6 without it hurting at the end of the year, maybe owe a few bucks & that's it. Any thoughts ??

Thanx
Chap


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PostPosted: Wed May 02, 2007 7:10 am 

Joined: Mon Apr 23, 2007 7:03 am
Posts: 62
Location: Tampa, FL, USA
If you go to http://www.paycheckcity.com you can find a W-4 calculator that will let you enter your exemptions, estimated deductions, etc. and it will give you a number to put on your W-4 to maximize your take home.


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PostPosted: Wed May 02, 2007 8:24 am 
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Joined: Thu Apr 05, 2007 6:30 am
Posts: 336
Location: Houston, TX
There's another W-4 calculator to be found at IRS.gov that is very thorough as well.

http://www.irs.gov/individuals/article/0,,id=96196,00.html

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PostPosted: Wed May 02, 2007 7:05 pm 

Joined: Wed May 02, 2007 6:56 am
Posts: 3
thank you so much. that may work just perfectly. i really appreciate it.

thanx
chap


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