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re: Claiming 1 vs Claiming 0 on taxes..
Posted on 8/25/16 at 12:59 pm to 3andOut
Posted on 8/25/16 at 12:59 pm to 3andOut
There are specific rules that employers must follow for withholding. They are contained in Publication 15. The amounts to be withheld are based on information you provide via Form W-4.
You can compare the effects of an additional withholding allowance for your payroll period by referring to Publication 15-A.
You can compare the effects of an additional withholding allowance for your payroll period by referring to Publication 15-A.
1
Posted on 8/26/16 at 9:26 am to Poodlebrain
quote:
There are specific rules that employers must follow for withholding.
And I defer to you, PB, but when I was in private practice, bonuses were always withheld at the highest rate of anyone receiving the bonus. Many of us thought that was BS and that they were being lazy.
Do you have the skinny on that myth/reality?
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