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re: What should i claim on my W4?

Posted on 9/22/18 at 11:43 am to
Posted by HarveyBanger
Member since Mar 2018
1103 posts
Posted on 9/22/18 at 11:43 am to
This might be a dumb question but how do you claim 2 if you have no kids???

I’m single with no kids. I claim 0
Posted by Hogwall Jackson
Denver
Member since Feb 2013
5057 posts
Posted on 9/22/18 at 11:57 am to
Because it was usually the perfect amount to not get a refund back & not owe at the end of the year. I could care less about a return as long as i don’t owe.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27150 posts
Posted on 9/22/18 at 12:26 pm to
quote:

This might be a dumb question but how do you claim 2 if you have no kids???


Because w4 withholding isn't the same thing as claiming dependents.

I'm single, no kids. I claim 2 Fed and 1 state. Between the student loan interest deduction, standard deduction, and paying for health insurance through my employer, I've still received a small refund every year. Obviously this year is a little in flux because of the tax changes, so we'll see if that needs to be adjusted.
This post was edited on 9/22/18 at 12:30 pm
Posted by Weagle25
THE Football State.
Member since Oct 2011
46211 posts
Posted on 9/23/18 at 6:49 pm to
quote:

This might be a dumb question but how do you claim 2 if you have no kids???

You can claim whatever the hell you want on the W-4.

If you actually read the form, it even suggests 2 for people who are single with no kids.

It says enter 1 for single. Enter 1 for single with one job. Then you add them up to 2.

As for OP, there's payroll calculators online that you am play around with to know exactly what you should do
This post was edited on 9/23/18 at 6:52 pm
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