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Is there any benefit to checking Married, but withhold at single rate on taxes if I am single?

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  • Is there any benefit to checking Married, but withhold at single rate on taxes if I am single?


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Answer #1 | 04/12 2013 10:58
The W-2 is an estimate. Your tax return is a reality. There should be no difference in tax withheld on the W-4 using married, but single vs single.
Answer #2 | 04/12 2013 11:07
You don't have to file at any specific rate just because you put it on your W4. You can have any amount (or no amount) withheld from your paycheck--the W4 status does not matter when it comes to the actual tax return. The only benefit to putting "withhold at single rate" on the W4 is to ensure you have enough tax taken out so you don't have to pay when you file if you are a married couple. Single taxpayers owe tax at the single rate no matter what.

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