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1answer
16 views

Computing federal withholding based on W4

My wife is starting a new job and I am trying to figure out how to file her W4 and if I need to adjust mine. For some reason I can't seem to get correct/accurate results from the IRS Withholding ...
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2answers
24 views

Increase W4 Exemption + Increase Retirement Contribution

I'm currently maxing my 401(k) contributions ($18k) and funding my and my wife's Roth accounts ($5500 each). She's currently only contributing $200USD/mo to her 403(b). Due to us owing an extra $...
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3answers
78 views

How much to withhold from paycheck (form W-4, page 1, item 6) when you have variable income?

My wife got a job as an English teacher. She will be paid on an hourly basis depending on the number of students, classes, etc. When it was time to fill in her W-4 we weren't sure about what to write ...
3
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2answers
56 views

Need help filling out W-4 form

I need help filling out W-4 form so that I get more money from my paychecks and pay less tax. Recently my circumstances have changed, I am married and have 1 child (2 months old), only I work my wife ...
0
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1answer
33 views

W-4 allowances for H-1B resident alien with non working H-4 spouse

After more than 183 days within the US territory, I would like to change my W-4 to fit my current situation: working in the US with a H-1B visa, that is, resident alien, and my spouse has the H-4, ...
2
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1answer
28 views

Can I claim W-4 exempt status if I paid self-employment tax only last year

My son is a full-time student. We still claim him as a dependent. In 2015 he earned ~$2000 as a self-employed contractor, so no tax was withheld but he owed some self-employment tax. In 2016 he ...
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2answers
51 views

Starting new sales job in addition to food serving, need advice on exemptions for W4(s)?

I am currently a part time food server in California claiming "2" exemptions on my w4. I am about to start a part time sales position where I'll be earning hourly plus commission. I'll be earning more ...
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2answers
46 views

Determining resident status for an H1B filling W-4 form

I arrived to US a month ago, on May 1st, because of a new work. I have been told by the company to fill W-4 form in. But, it seems that W-4 form must be filled in differently depending on my current ...
1
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1answer
37 views

When to change my address on W2

I am employed (W2) by a company based out of AZ and I live in CO. I am purchasing a house in OR as my primary and moving there. I will acquire the house in 30 days, however I won't move in for 90 days ...
3
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1answer
143 views

Can my teenage son claim “exempt” on his W4?

Can my teenage son (soon to turn 17) claim "exempt" on his W4? When looking at the FAQ from the IRS, it seems like the answer to this question is a fairly straightforward "yes" (he didn't work last ...
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2answers
103 views

W-4 was not updated when moving from part-time to full-time, still showed Tax-Exempt. What happens now?

Background I began at a Company in Maryland, USA as a part-time employee with an expectation of earning a full refund. Since I also received a full refund the previous year, the company HR/Accounting ...
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2answers
370 views

Just got a side job - w4 allowances section

I recently started a full-time M-F job which has a total annual gross pay of just over 20k. Now, I have been offered a "when-available" (tell them what days I'm available in a 7-day week and they ...
3
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1answer
119 views

W4 & withholding taxes for self-employed spouse

My wife and I live in the SF bay area. My gross income is $320,000 and my wife's is $38,000. My wife is employed as a contractor though and gets a 1099 instead of W2. No taxes are withheld from her ...
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2answers
69 views

Withhold additional amount instead of claiming

I'm a grad student and at the beginning of each semester the university adds the cost of my insurance into my monthly income. The problem is that this causes too much money to be withheld, resulting ...
1
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1answer
51 views

On a W4-P form, can I specify a withholding amount greater than the payment?

This year, I did an early withdrawal from an annuity and the financial company withheld 10% for taxes--standard for an annuity in this circumstance. But I'll owe a lot more than that in taxes come ...
0
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1answer
221 views

W4 Two-Earners Worksheet Divide By Number of Pay Periods Remaining?

I'm trying to fill out a W4 for a new job, and am a little confused at the two-earners section (as I have been in the past). The very last step (line 9) says to divide the amount of withholding needed ...
2
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1answer
100 views

Confused regarding allowances: No taxes being withheld at source

I claim Head of Household on my taxes. I have 4 children and my total allowances on my W4 add up to 14. I am confused because no taxes are being withheld from my pay. How will this affect me when I ...
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1answer
267 views

H1B First Time filing W4

I have traveled on H1B in early june with family. I need to file W4 for withholding taxes. Please help me if i have to file W4 as Resident Alien or Non Resident Alien. I have never stayed in USA ...
3
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2answers
257 views

Completing W-4 for a new job starting mid-way through the year

I am starting a new position on June 29th of this year. I have not worked for the previous few years because I was a full-time grad student. I went through the IRS calculator for filling out the W-4 ...
1
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1answer
54 views

Working spouse in W4 form

Bob is a non-resident alien, F1 student living in the USA. Bob is married to Alice, who is a resident alien, F1 student living in the USA. Alice earns 75kUSD/year (approximately half fellowship, half ...
4
votes
1answer
204 views

W-4 Allowances/Exemptions, how many am I entitled to?

I recently decided to correct my W-4 to minimize my tax refund. I reviewed my paycheck, publication 15, and state withholding instructions to understand the formula used to calculate the tax withheld. ...
1
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1answer
1k views

How to fill out W4 correctly when I have two jobs?

I have two jobs and after completing my taxes I checked my W4s. I used the IRS withholding calculator and it recommended 1 allowance for each job, since I am Single. Each W4 for the jobs has an ...
0
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2answers
58 views

Is a child also a dependent in IRS withholding calculator?

I am trying irs.gov website's withholding calculator. I am confused with this page: . I have one minor child. Should I mention her as dependent here, "Select the number of dependents (other than ...
2
votes
2answers
2k views

Filed as W2 employee but paid erroneously as 1099 employee for 2014

I completed a W4 form when I started my full-time job and received direct deposit payment for 6 months in 2014. Due to a payroll error, I was paid as a 1099 employee (no taxes withheld) even though HR'...
2
votes
1answer
630 views

W-4 Worksheet for Spouses Filing Jointly: Who Files the W-4?

I've tried finding an answer to this issue both here and elsewhere on the web and haven't been able to so far. My husband got a new job last month with a significant salary increase, and I've been ...
3
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2answers
4k views

W4 --Additional amount withheld from my paycheck

I earn around 85k and my husband around 100k. Last year we paid around 5000$ in tax. Now my husband says to include 2500 as my additional withheld money from my each pay check. What does this mean? ...
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2answers
287 views

How to fill out form W4 when I'm earning $1600 extra income per month?

August 22 was my last day at a job that paid $76,000 / yr. Afterward, that job is supposed to pay me $400 / wk for consulting for $1,600 / month. At the new job (which I started on Aug 26) I'm making $...
1
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1answer
242 views

How many allowances on my W4?

According to the IRS's online calculator, I should write "EXEMPT". According to the W4 worksheet, I should write in 11. I want to pay the least taxes without owing at the end of the year. Here is my ...
0
votes
0answers
160 views

How to make sense of results from the IRS W-4 withholding calculator?

After entering all my data into the calculator, attempting to get a handle on how much we are going to owe next year, I received this summary, which makes no sense at all: If $947 will be due when I ...
2
votes
1answer
887 views

How does a Non US citizen gain SEC Accredited Investor Status?

I am interested in investing in Startups via Angellist or other similar programs. How do Companies and individuals not based in the United States become a qualified Accredited Investor by the SEC? ...
2
votes
2answers
663 views

How do I fill my W4 allowances as a foreign student with two internships this year?

I'm a foreign student that will be in the US for two internships. I just started one in the summer and will be doing another one in the fall. I have to fill in my W4 and I'm still somewhat lost. I ...
3
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2answers
328 views

Should I File a W-4 Next Year If I File One In The Middle Of This Year?

We recently became married and we will soon be filling out a W-4 and submitting it to our employers. The question on my mind as we're filling out the W-4 is, should we be submitting a new one on Jan ...
1
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1answer
6k views

W-4 Allowances - IRS Calculator

I am currently utilizing the IRS Withholding Calculator to figure out what my allowances should be (note: NOT exemptions). My current situation: First half of year up to June 30, I earned 11,700. The ...
2
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2answers
5k views

Claiming Allowances on W4

I just started a new job and I had to fill out the W4 form. I am confused about claiming number of allowances. Here is my house hold: ME Wife (Home Maker) Child 1 Child 2 I make around 110-...
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2answers
443 views

Why is the 2013 Withholding Calculator giving me such incorrect recommendations?

I am trying to figure out what I should enter in my W4 and want to use the IRS Withholding Calculator as a guide. To that end, my information is as follows: We will file MFJ, with an income of $85k/...
2
votes
1answer
104 views

How can I calculate the number of deductions I should use?

Recently I've been trying to adjust my W-4 so that I overpay the government less (get a smaller tax return). How can I calculate the number of my deductions based on my income and family status, ...
1
vote
1answer
125 views

Determining resident status when filling W-4 form in

I just arrived to US because of a post-doc position in an IT company, under a J-1 visa (research scholar). I have been told by the company to fill W-4 form in. But, it seems that W-4 form must be ...
6
votes
1answer
385 views

Lower withholding based on my calculations. How to get employer to change withheld amount?

My employer will withhold taxes from my paycheck as if I have been working at a particular salary range all year. Basically: pay period = (base salary / 2080 hours) * 80, and taking all taxes as a ...
2
votes
2answers
114 views

Filling out our W4 correctly

So we recently got married and now I'm trying to figure out our W4. I make 77k a year and she's around 68k a year. Her stub shows Single-0 and mine is Married-1. I read through a bunch of articles and ...
5
votes
2answers
3k views

W4 withholding for “Married filing joint” filing seems higher? Why?

My husband took a new job recently and is making 125K in salary in California. I make 65K. When we were filling his W4 (married filing joint), the additional withholding on his W4 came to 'additional $...
5
votes
2answers
315 views

W-4: Is the “Estimate of State and Local Taxes” just for myself, or for me and my spouse?

I am married, filing jointly. I am about to re-file my W-4 because I have been overwithholding. I'm working on Field 1 of the "Deductions and Adjustments Worksheet". A big part of this field is ...