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What should my W4 Allowance be?

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  • What should my W4 Allowance be?


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Answer #1 | 02/01 2014 12:32
Married-2 is normal for a married couple. The IRS has a website to help estimate your allowances. See the IRS Withholding Calculator: http://www.irs.gov/Individuals/IRS-Withholding-Calculator
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Answer #2 | 02/01 2014 12:44
Your tax bracket is based on your total earnings minus deductions and exemptions. You need to change your W4 to married, then you need to read the instructions on how to calculate your exemptions. Most likely you are married-2 instead of single-2.
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Answer #3 | 03/01 2014 01:57
you can change your W-4 anytime you want. as long as you keep the allowances under 10 the IRS does not know what you put. only your employer sees your W-4, the IRS doesn't. if you know what your income for the year will be, you can go on the IRS web site and look at the income and tax chart. you find your filing status on the chart, then look down to find your income bracket. next to that will be an amount for taxes you should have paid during the year. that will give you an idea of what to put on your W-4. if you don't want to go through figuring out allowances, there is a box on the form to just write in a dollar amount to be taken out for taxes.
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