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re: Claiming 1 vs Claiming 0 on taxes..

Posted on 8/25/16 at 1:23 pm to
Posted by 3andOut
League City, TX
Member since Jun 2013
3686 posts
Posted on 8/25/16 at 1:23 pm to
quote:

Are you including insurance/retirement deductions?



No that is just:

Federal
Medicare
Soc Security
Montana State Tax
Posted by Engineer
Member since Dec 2015
277 posts
Posted on 8/25/16 at 1:32 pm to
quote:

Montana State Tax


Gotcha.
Posted by lynxcat
Member since Jan 2008
24254 posts
Posted on 8/25/16 at 2:35 pm to
What you select has zero impact on Medicare and SS. I don't know Montana state taxes so I won't comment there.

Claiming 1 or 0 only impacts your Federal Withholding so that's what you need to be focusing on.
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