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re: New Job- Dependent Question
Posted on 2/11/13 at 4:18 pm to lnomm34
Posted on 2/11/13 at 4:18 pm to lnomm34
I would probably put 2 allowances on my W-4 and enjoy the small bit "extra" i'm keeping each paycheck while still making sure I don't owe at the end of the year.
I'm a CPA, so granted I stay much closer on my taxes than your average joe, but I really like to spot check my withholding around October each year. If you have a good CPA they can do this for you pretty cheaply and see where you stand. Many people have paid in enough by the end of October and can not withhold any on their November or December paychecks rather than waiting until March to get that money that is rightfully yours. Everyone can use a little extra cash around the holidays.
I'm a CPA, so granted I stay much closer on my taxes than your average joe, but I really like to spot check my withholding around October each year. If you have a good CPA they can do this for you pretty cheaply and see where you stand. Many people have paid in enough by the end of October and can not withhold any on their November or December paychecks rather than waiting until March to get that money that is rightfully yours. Everyone can use a little extra cash around the holidays.
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