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re: Changing what I claim on W-4
Posted on 4/11/14 at 5:42 pm to TheWiz
Posted on 4/11/14 at 5:42 pm to TheWiz
quote:
So that nets an extra $365'ish minus the $138. That's roughly an extra $450 a month.
You might need to check your math. You said your overpayment with no changes projected to be $1,623. That's the total amount extra you should be getting between now and the end of the year. If you got 450/month for 8 months, that would be $3,600. If this change in withholding increases your takehome by $450/month, you are going to be in trouble come tax time.
$1623/8 months = $203/month
Posted on 4/11/14 at 5:57 pm to LSUFanHouston
I'll have to double check it. Based on the "dummy" payroll statement from payroll, it would be an extra $365'ish each pay period. I took $2232 and spread it over 16 remaining checks.
I left it all at work.
I left it all at work.
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