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re: Recently married. W-4 question

Posted on 3/27/15 at 6:54 pm to
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40885 posts
Posted on 3/27/15 at 6:54 pm to
Filing married for two people making similar incomes will usually cause you to have insufficient withholdings.

As it pretty much like single with two dependents. The tax code had only one income in mind when filling married
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 3/27/15 at 7:27 pm to
quote:

Filing married for two people making similar incomes will usually cause you to have insufficient withholdings.
Not true if you actually follow the instructions for Form W-4 and complete the worksheets to determine the appropriate amount to have withheld. The problem is that most people do not follow the instructions for households with two wage earners and complete the required worksheets.
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